2 bedroom apartment for sale
Allied Court, , N1 5ER
Share percentage 40%, full price £480,000, £19,200 Min Deposit.
Share percentage 40%, full price £480,000, £19,200 Min Deposit.
Monthly Cost: £1,664
Rent £549,
Service charge £141,
Mortgage £974*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in London, Greater London
Description
Contemporary second floor flat in Dalston available for sale through the Shared Ownership Scheme. The property comprises open plan fitted kitchen/reception area, two spacious bedrooms, bathroom with WC and hallway.
- Minimum income requirement - £60,769
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
Minimum income required: £69,128
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £192,000 for 40% share based on the marketing figure of £480,000.
Monthly rent - £548.59
Monthly Service Charge - £141.45
Total Monthly Charge - £690.04 plus mortgage required for 40% share.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/
Layout and dimensionsApproximate Area = 729 sq ft / 67.7 sq m
Second floor
Kitchen / Reception Room
20'11 (6.38) max x 14'3 (4.34) max
Bedroom 1
13'9 (4.19) max x 9'7 (2.92) max
Bedroom 2
13'3 (4.04) max x 10' (3.05) max
Energy Rating Band - C
Environmental Impact Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- Two double bedrooms
- Second floor flat
- Purpose built
- Electric heating
- Spacious open plan living/kicthen
- Secure bike storage
- Close to local shops and schools
- Good links into London
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £480,000, £19,200 Min Deposit. Calculated using a representative rate of 4.64%
