2 bedroom apartment for sale
Hops House, 7 Old Brewery Way, E17 7FE
Share percentage 25%, full price £500,000, £6,250 Min Deposit.
Share percentage 25%, full price £500,000, £6,250 Min Deposit
Monthly Cost: £1,926
Rent £1,077,
Service charge £153,
Mortgage £696*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £500,000 and a purchaser would not need to meet the eligibility criteria listed above.
Summary
This superb modern home is available to buy from as little as £125,000 with a 25% share!
Description
Shared Ownership
This superb modern home is available to buy from as little as £125,000 with a 25% share!
Welcome to Hops House, Old Brewery Way, E17; an exceptional, beautifully designed first floor apartment located in the vibrant and ever-popular Walthamstow area.
This spacious two-bedroom home boasts an approximate area of 786 sq ft (73 sq m) and offers modern urban living with thoughtful design throughout. The large open-plan kitchen and reception room (22'4 x 14'3 max) provides the perfect setting for entertaining or relaxing, with direct access to a private balcony, ideal for morning coffees or evening unwinds.
Both bedrooms are doubles with ample natural light and bedroom one comes complete with a sleek modern en suite shower room. The property also features a well-appointed family bathroom and an additional WC and the storage space is cleverly incorporated to ensure functionality.
Situated in E17 7FE, this home is perfectly positioned just a short stroll from Walthamstow Central Station (Victoria Line and Overground), offering swift connections to King’s Cross, Oxford Circus, and Liverpool Street, making Hops House ideal for commuters. Local bus routes are plentiful, connecting you across East London with ease.
Walthamstow itself is renowned for its creative spirit and community vibe. Enjoy the vibrant atmosphere of Walthamstow Village, a charming pocket of independent shops, cafes, and historic pubs. Explore the iconic God’s Own Junkyard, with its neon art and quirky flair, or unwind in the lush greenery of Lloyd Park and the William Morris Gallery.
The apartment also benefits from proximity to Walthamstow Wetlands, one of Europe’s largest urban wetland nature reserves — a haven for outdoor enthusiasts.
PRICING & AFFORDABILITY
Full Market Value: £500,000
25% Share Price: £125,000 (rent £1,077.48pcm)
Minimum 5% Mortgage Deposit (25% share): £6,250
Approximate Service Charges: £153.38pcm*
Shared Ownership Lease: approx. 117 years
Council Tax Band: C
Key Features
Modern Shared Ownership home
Private balcony
First floor
Spacious open plan kitchen/living/dining area
Two double bedrooms
En suite
Short walk from Walthamstow Central Station
Particulars
Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: C
Property Downloads
Floor PlanMap
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: n/a
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 £500,000, £6,250 Min Deposit. Calculated using a representative rate of 5.03%
