Share percentage 25%, full price £925,000, £11,563 Min Deposit
Monthly Cost: £2,456
Rent £954,
Service charge £214,
Mortgage £1,288*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
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
Southern Housing are pleased to present this stunning 2 bedroom apartment in Farringdon.
Description
Southern Housing are pleased to present this stunning 2 bedroom apartment in Farringdon.
Inside you are welcomed to a spacious enrance hallway complete with plenty of space to store shoes and coats and 4 storage cupboards.
Next up is the open plan living room, dining area and kitchen. This is a large space with lots of natural light thanks to the large floor to ceiling windows and access to your private terraced area.
The living/dining area is a welcoming space and allows for separated living and dining areas if you wish thanks to it's large size.
The kitchen is features modern styling, lots of storage and countertop space and features fully integrated appliances such as the oven, hob, extractor fan and fridge/freezer.
Moving from here we come to the master bedroom which is large double room with lots of natural light, built in wardrobes and another access point to the large private terrace. The room accommodates a large double bed and further bedroom furniture if you need this.
The second bedroom is the smaller of the two but is still large enough to accomodate a double bed and features lots of natural light thanks to it's large window.
Finally, you have the large family bathroom feature a large mirror and a shower over the bath.
This property benefits from its own lovely private terrace area, ideal for relaxing or socialising. In addition, it has the added benefit of leading out to the enclosed shared gardens. The property is in an excellent location, with generous living spaces and lots of storage. Don't miss out on this exciting opportunity and register your interest today!
Key Features:
- Full Market Value: £925,000
- Share: 25%, £231,250
- Rent: £925.39
- Service Charge: £213.74
- Lease Length: 117 years
Key Features
Located on within the EC1 London area, this development is set in the midst of an eclectic mix of traditional and modern London. With popular areas such as Spitalfields, Hoxton, Brick Lane and The Barbican only a stone's throw away, you really are placed within one of the most fashionable locations in London.
Old Street is an artistic and cultural hub that has stylish coffee shops, bars and restaurants. You can literally dine in a different restaurant every night of the week, as property is surrounded by Michelin-starred restaurants and bars showcasing world class food and mixologists. Plus with East London's nightlife on your door step you'll be in for legendary nights out on the town, sampling the ever changing landscape of experiences. And when the evening comes to a close, you'll never be too far from the calming sanctuary of home.
Take a short stroll to King Square Gardens if you want a good park for a picnic, or head to Bunhill Fields for a more lively vibe. The vast grassy expanse of Shoreditch Park is only a number of minutes from the development. Close to a number of basins and waterways walking around the area is a brilliant summertime bonus, whereas the mass of cosy pubs are happy to welcome you with open arms in the colder winter months.
For commuters, Featherstone Street is a dream location, you can access fast and convenient travel around the capital. You have Old Street Station 2 minutes walk away, offering the Northern Line Underground service and Great Northern National Rail services. You also have Farringdon Station a short 20 minute walk away, offering the new Elizabeth Line, Thameslink National Rail Services and the Circle, Hammersmith and City and Metropolitan Underground lines.
Particulars
Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: F
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: Yes - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £925,000, £11,563 Min Deposit. Calculated using a representative rate of 5.03%
