Share percentage 40%, full price £389,999, £15,600 Min Deposit
Monthly Cost: £1,389
Rent £465,
Service charge £150,
Mortgage £774*
Calculated using a representative rate of 4.42%
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
Spacious One-Bedroom Flat with South-Facing Balcony in Prime East London Location.
Description
Bright & Spacious 1-Bedroom Flat with Shared Ownership - A First Time Buyers Dream!
Located on a quiet residential street, this well presented one bedroom flat offers a fantastic opportunity for first-time buyers looking to get on the property ladder through a shared ownership scheme. The property is filled with natural light and benefits from a south-facing balcony, perfect for enjoying your morning coffee or relaxing in the sun.
Step inside to find generously sized rooms, including a bright, large bedroom with fitted wardrobes. There is a generous sized bathroom which adds to the comfort of the property, and an open-plan living space with a modern kitchen which comes fully equipped with white goods—ready to move in.
This vibrant development also boasts excellent communal areas, including a roof terrace, a landscaped residents’ garden, and secure entry.
The building is located on a quiet, tree lined residential street, a short walk to Clapton and Rectory Road stations. There is a direct bus route (106) to the tube right outside the property.
Stoke Newington's Church St is a 10 minute walk away with its array of independent shops, cafes, and restaurants
This flat offers an unbeatable combination of space, light, location, and community living—perfect for those looking to step onto the property ladder in one of East London's most sought-after neighbourhoods.
Viewings highly recommended.
Key Features
- Shared ownership – ideal for first-time buyers
- Bright, airy layout with large rooms
- South-facing balcony
- Generous double bedroom with built-in storage
- Large bathroom
- Kitchen with white goods included
- Excellent communal roof terrace and garden
- Quiet residential street
- Short walk to Clapton and Rectory Road stations
- Direct bus route (106) to the tube
- Close to Stoke Newington High Street with its array of independent shops, cafes, and restaurants
Particulars
Tenure: Leasehold
Lease Length: 99 years
Council Tax Band: C
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms: 2
Furnished: Unfurnished
Washing Machine: No
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: 2011
Unit size: 600
Communal lift: No
Accessible measures: No
Flooded within the last 5 years: No
Listed property: No
Heating: Double Glazing, Electric
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: Cable
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 £389,999, £15,600 Min Deposit. Calculated using a representative rate of 4.42%
