2 bedroom apartment for sale
Mulberry Apartments, Coster Avenue, N4 2LD
Share percentage 25%, full price £525,000, £13,125 Min Deposit.
Share percentage 25%, full price £525,000, £13,125 Min Deposit.
Monthly Cost: £1,860
Rent £974,
Service charge £220,
Mortgage £666*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £63,687.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £13,125. Total approximate savings required £17,125.
Important borough specific eligibility criteria
Hackney
This property is available to all applicants with priority to those living or working in Hackney.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Two Bedroom Third Floor Apartment available through Shared Ownership - 25% Share £131,250 - Full Market Value - £525,000
Description
Ground floor
Communal entrance hall and lift
Third Floor
- Entrance hallway
- Two Bedrooms
- One Bathroom
- Open Plan Kitchen / Living Area
- Utility Room
External
- Balcony
GIA
70.5 sqm
Accessibility rating
F
EPC rating
B
Length of lease
117 years
Borough
Hackney
Key Features
- Balcony
- Secure Bike Storage
Local Transport
Manor House (Underground) - 2 minute walk
Harringay Green Lanes (Overground) - 11 minute walk
Particulars
Tenure: Leasehold
Lease Length: 117 years
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 25%, full price £525,000, £13,125 Min Deposit. Calculated using a representative rate of 4.64%
