3 bedroom apartment for sale
Flat 25 Gallery House, 15 Hackney Grove, E8 3NR
Share percentage 40%, full price £630,000, £25,200 Min Deposit.
Share percentage 40%, full price £630,000, £25,200 Min Deposit.
Monthly Cost: £2,155
Rent £579,
Service charge £297,
Mortgage £1,279*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
* Household income must not exceed £80,000 (outside of London) or £90,000 (in London)
* Must pass the One Housing financial assessment (done after receiving the application, which can only be submitted after viewing the property)
* No cash buyers
* No pets
* Applicants must be able to afford their purchase and sustain their housing costs
* Applicants are primarily expected to be first-time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners
* Applicants must be unable to purchase a property suitable to meet their needs on the open market
* Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis
Summary
Rare spacious and quiet 3 bed in modern, secure development 500ft from London Fields
Description
40% Share Price: £252, 000
Full Market Value: £630,000
Monthly Rent:£579.18
Monthly Service Charges:£297.38
Annual rent and service charge review takes place each April.
A rare opportunity to purchase a light, bright and spacious 3 bed in the heart of Hackney Central. Just a stone’s throw (500ft) from vibrant and highly desirable London Fields while benefiting from a peaceful, set-back location with amazing views. This 872 sq ft property is accessed via Hackney Grove, a pedestrian and cycle path.
This shared ownership property is offered chain free.
EWS1 B2 Certification - Remediation works underway, funded by the Government's Building Safety Fund (BSF). EWS1 compliance (B1) due on completion.
Boasting well-proportioned rooms, with floor-to-ceiling south-west facing windows, this secure, modern, top (fourth) floor apartment comprises a large living/dining room, fitted kitchen, 3 bedrooms, large family bathroom, cloakroom and extensive built-in storage making it ideal for young professionals or growing families. There is also a small communal courtyard.
With an abundance of London’s leading restaurants, cafes, shops and parks on your doorstep, there’s also excellent transport links to The City (8 mins to Liverpool Street) and Central London (30 mins to Oxford Circus). Ofsted outstanding nurseries, primary and secondary schools are all within walking distance.
Key Features
- Highly sought after location near to London Fields and Broadway Market
- Boasting large living/dining room with amazing views
- 3 good sized bedrooms
- Oak flooring
- Extensive built-in storage
- Fitted Zanussi appliances, including brand new washer-dryer.
- W/C
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
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 40%, full price £630,000, £25,200 Min Deposit. Calculated using a representative rate of 4.64%
