2 bedroom apartment for sale
Flat 2, 2 Leagrave Street, Hackney, E5 9QX
Share percentage 25%, full price £550,000, £6,875 Min Deposit.
Share percentage 25%, full price £550,000, £6,875 Min Deposit.
Monthly Cost: £1,943
Rent £945,
Service charge £214,
Mortgage £784*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
If you're interested in buying an apartment through Shared Ownership at Arcadia View, you'll need to meet the following criteria based on your situation:
- Your overall household income is less than £90,000
- You are unable to purchase a suitable home to meet your housing needs on the open market
- You do not already own a home or you will have sold your current home before you purchase
- Priority will be give to those that work or live in the borough
Summary
1, 2 & 3 bed apartments in Lower Clapton, Hackney
Description
1, 2 & 3 bedroom apartments with Shared Ownership at Arcadia View in Lower Clapton, Hackney - book your viewing.
Arcadia View
Arcadia View is a contemporary and stylish development comprising of 44 luxury properties, designed to create a light and modern feel. All homes are sustainable and of the highest quality with the bonus that all are within easy reach of city hotspots without having to travel a lot. Good size private balcony allows time for relaxation surrounded by beautiful landscapes. Arcadia View feature high specification throughout and include integrated appliances such as fridge/freezer, washing machine, microwave and more.
*CGIs and images are for illustrative purposes only and are subject to change.
**Full list specification will be found in the brochure, which will soon be available to download!
***New build - council tax band/property rates to be determined.
Shared Ownership
Did you know the key benefits of Shared Ownership?
Low deposit - you only pay from 5% of the share you are buying.
Flexibility - you choose when you want to purchase extra share of your home.
Accessibility - you can get on the property ladder quicker and Shared Ownership helps you get the mortgage even with a lower salary.
Eligibility Criteria
If you're interested in buying an apartment through Shared Ownership at Arcadia View, you'll need to meet the following criteria based on your situation:
Your overall household income is less than £90,000
You are unable to purchase a suitable home to meet your housing needs on the open market
You do not already own a home or you will have sold your current home before you purchase
Priority will be given to those that work or live in the borough
Next Steps
Book your viewing
Key Features
- High specification homes
- Integrated appliances including fridge / freezer, dishwasher and microwave
- Built in wardrobes to main bedroom
- Private outdoor space to all homes
- Surrounded by green space
- 10 minute walk to Clapton Overground station
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: Not specified
Property Downloads
Floor Plan Brochure Price ListVirtual Tour
Video Tour
Map
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 £550,000, £6,875 Min Deposit. Calculated using a representative rate of 5.26%
