1 bedroom apartment for sale
Skylark Point, Newnton Close, N4 2BX
Share percentage 45%, full price £400,000, £18,000 Min Deposit.
Share percentage 45%, full price £400,000, £18,000 Min Deposit.
Monthly Cost: £1,628
Rent £515,
Service charge £200,
Mortgage £913*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £59,034.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £18,000. Total approximate savings required £22,000.
Important borough specific eligibility criteria
Hackney
All London applicants will be considered with priority given to people who live/work in the borough.
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
One-bedroom first floor apartment in Hackney available through Shared Ownership 45% at £180,000.
Description
Internal
- Bedroom
- Kitchen / living room
- Bathroom
External
- Balcony
- Communal entrance
- Passenger lift
- Spa
- Gym
GIA
43 sqm
EPC rating
B
Lease
120 years remaining
Borough
Hackney
Key Features
Transport
- Stamford Hill (0.35 miles)
- Manor House (0.51 miles)
- Harringay Green Lanes (0.63 miles)
Local Area
Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities.
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: C
Property Downloads
Floor Plan Energy CertificateMap
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 45%, full price £400,000, £18,000 Min Deposit. Calculated using a representative rate of 4.64%
