2 bedroom apartment for sale
28 Powell Road, Lower Clapton, E5 8DJ
Share percentage 25%, full price £640,000, £16,000 Min Deposit.
Share percentage 25%, full price £640,000, £16,000 Min Deposit.
Monthly Cost: £2,066
Rent £1,000,
Service charge £241,
Mortgage £825*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
Final 2-bed home available through Shared Ownership, moments from Hackney Downs and only 7 minutes walk from Clapton Overground Station
Description
Located moments from the trendy Hackney Downs, our desirable collection of dual-aspect 2 & 3 bedroom homes will be available through Shared Ownership. A limited collection of 5 homes with contemporary design, these homes are at the heart of thriving East London. Only 7 minutes walk* from Clapton Overground station, these homes offer excellent connectivity to Liverpool Street Station.
*times taken from Google Maps
(CGIs are used for illustrative purposes only and are indicative only).
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor Plan BrochureMap
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 £640,000, £16,000 Min Deposit. Calculated using a representative rate of 4.80%
