1 bedroom apartment for sale

Available

Flat 2 , 20 London Lane, E8 3FU

£197,600 · Shared Ownership Resale

Share percentage 38%, full price £520,000, £19,760 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£197,600 Shared Ownership Resale · Eligibility Eligibility

Share percentage 38%, full price £520,000, £19,760 Min Deposit.

Monthly Cost: £1,890
Rent £786, Service charge £101, Mortgage £1,003*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • 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 or rent.
Summary

1-bedroom apartment in Hackney

Description

Introducing this exquisite one-bedroom apartment nestled in the vibrant locale of Hackney.

Upon entry, you're greeted by a spacious hallway boasting ample storage with a sizable cupboard, perfect for keeping shoes and coats neatly organized.

Continuing through, you'll discover the expansive open-plan living area, seamlessly blending the living room, dining space, and kitchen. Bathed in natural light from two floor-to-ceiling windows, the kitchen is equipped with top-of-the-line integrated appliances, including an oven, hob, and fridge freezer. Abundant cupboard space and expansive countertops make meal preparation a breeze.

Adjacent to the living area lies one bedroom, a generously sized double room boasting abundant natural light from matching floor-to-ceiling windows. Complete with a built-in double wardrobe and access to a private balcony, it offers ample space for furnishing and relaxation.

Completing the layout, the apartment features a spacious bathroom with a shower over the bath, providing both convenience and comfort.

Ideally situated, this property offers excellent transportation links and nearby amenities. With generously proportioned rooms, contemporary amenities, and inviting communal spaces, this residence is ideal for professionals, couples, or small families.

Price: £520,000 (Full Price)
Share: 38%
Share Price: £197,600
Rent: £786.07
Service Charge: £101.18
Lease Term Remaining: 119 years
Council Tax Band C
EPC Rating B

Key Features

Nestled in the bustling neighborhood of London Fields, this upcoming development offers one-bedroom apartments up for purchase through Shared Ownership.

Hackney, renowned for its artistic community, diverse culture, and trendy vibe, stands out as one of London's liveliest districts. Its streets buzz with an array of shops, eateries, and bars, boasting craft beer, international cuisine, and unique local vendors.

Whether you're employed in the tech enclaves of Old Street, the financial districts of the City and Canary Wharf, the creative studios of Hackney Wick, or the media hubs of Soho and Fitzrovia, London Lane promises to serve as the ideal home base in the heart of London.

Particulars

Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: C

Property Downloads
Floor Plan
Map
London Fields (0.10 miles) Hackney Central (0.37 miles) Hackney Downs (0.51 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£197,600
Shared Ownership Resale
Estimated Monthly Cost:£1,890
Rent £786
Service Charge £101
Mortgage £1,003

Share percentage 38%, full price £520,000, £19,760 Min Deposit. Calculated using a representative rate of 4.64%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.