1 bedroom apartment for sale
Flat 4, 11B King Henry's Walk, Islington, N1 4NW
Share percentage 40%, full price £435,000, £17,400 Min Deposit.
Share percentage 40%, full price £435,000, £17,400 Min Deposit
Monthly Cost: £1,597
Rent £501,
Service charge £233,
Mortgage £863*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £57,309. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £17,400. Total approximate savings required £21,400.
Important eligibility criteria:
Priority will be given to those who are currently living and/or working within Islington .
Applicants must be earning under £90,000 to be eligible.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
One Bedroom first floor flat In London Borough of Islington Available Through Shared Ownership - 40% Share £174,000 - Full Market Value £435,000
Description
Viewings will be taking place:
Saturday 5th July and Sunday 6th July
Accommodation:
Internal
Communal hall, stairs and landings
Hallway
Kitchen/Reception Room
Bedroom
Bathroom
General Storage
External
Communal Gardens
Gross Internal Floor Area:
The gross internal floor area of the property is approximately 48 sqm
EPC
C
Length of Lease:
164 years remaining
Parking:
Right to Park (General right to park or Exclusive right to park in allocated parking spaces)
Key Features
Location: The property is situated in a small infill development in the mixed suburban area of Mildmay. Within a 10 minute walk radius there are Newington Green, Dalston Junction and Kingsland Road which offer shops, cafes, restaurants, and a vibrant night life that includes the Rio Cinema and the live music venue Earth Hackney. The development is next to the award winning King Henry’s Walk Community Garden and there is also the Dalston Curve Garden opposite Dalston Junction Station. Transport links are excellent, with bus routes on Balls Pond Road, and London Overground stations at Dalston Kingsland, Dalston Junction and Canonbury. There is also good access to the motorway network..
Description: The subject property is a purpose-built, 1st floor flat in a 3-storey building, built, we understand, in about 2000. It is of conventional construction with predominantly brick-faced cavity walls under a pitched, tile-covered roof. UPVC double-glazed windows are installed. All mains services are connected and there is a gas-fired central heating system. At the time of inspection, the property was seen to be well maintained and presented.
Particulars
Tenure: Leasehold
Lease Length: 164 years
Council Tax Band: D
Property Downloads
Floor PlanMap
Material Information
Total rooms: 1
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: Yes - Communal 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 40%, full price £435,000, £17,400 Min Deposit. Calculated using a representative rate of 4.42%
