2 bedroom apartment for sale
Fletcher House, Nuttall Street, N1 5LL
Share percentage 25%, full price £510,000, £6,375 Min Deposit.
Share percentage 25%, full price £510,000, £6,375 Min Deposit
Monthly Cost: £1,457
Rent £596,
Service charge £168,
Mortgage £693*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Hackney, London
Description
This modern and spacious new build flat in the highly sought-after heart of Shoreditch/Hoxton, London Zone 2, is now available through Shared Ownership.
The property comprises a separate kitchen, two bedrooms, a living room, a bathroom, and a hallway. Car owners will love the convenience of access to off-street parking in a dedicated estate car park, and there are bike lockers next to the property.
There is also a large private garden facing south, accessible from the living room and with windows in all the flat's rooms overlooking it.
Available for £127,500 for 25% share based on the marketing figure of £510,000.
Monthly rent - £595.61
Monthly Service Charge - £168.35
Total Monthly Charge - £763.96 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is conveniently located between Shoreditch and Dalston, providing a mix of shops, cafes, and a lively nightlife scene with bars and pubs. Stoke Newington is a short bus ride away, and a nice walk along Regents Canal leads to Islington in about 20 minutes.
For shopping enthusiasts, several local markets are within a 10 to 15-minute walk, like Hoxton Street Market, Spitalfields Market, Columbia Road flower market, and Broadway Market.
Nature lovers will enjoy nearby parks, including Shoreditch Park, Haggerston, London Fields, and Victoria Park. The Britannia Leisure Centre is a 10-minute walk away for fitness lovers.
Families will appreciate the property’s proximity to 'Good' or 'Outstanding' primary schools. The area also has excellent transport links with three over-ground stations—Hoxton, Haggerston, and Shoreditch—and is within a 20-minute walk to Old Street or Liverpool Street stations, plus several 24-hour bus routes for easy city travel.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 107
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- One-bedroom apartment
- Large private garden
- Heart of London
- Separate kitchen
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
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 £510,000, £6,375 Min Deposit. Calculated using a representative rate of 4.78%