3 bedroom house for sale
Lavington Close, Hackney, E9 5HF
Share percentage 50%, full price £620,000, £15,500 Min Deposit.
Share percentage 50%, full price £620,000, £15,500 Min Deposit
Monthly Cost: £2,437
Rent £685,
Service charge £68,
Mortgage £1,684*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Hackney, London
Description
Contemporary three-bedroom terraced house now available in Hackney, through Shared Ownership.
The property features a reception room, separate kitchen, toilet and a back garden on the ground floor, another reception room and one bedroom on the first floor, two bedrooms and a family bathroom on the third floor.
The property offers residents a Juliet balcony.
Available for £310,000 for 50% share based on the marketing figure of £620,000.
Monthly rent - £685.06
Monthly Service Charge - £68.26
Total Monthly Charge - £753.32 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationLavington Close is located in the vibrant Hackney Wick area of East London, offering a mix of urban convenience and green spaces. Residents enjoy proximity to Victoria Park and the Queen Elizabeth Olympic Park within a 10–15 minute walk. Local amenities include supermarkets for groceries, local gyms within a 10-minute drive, and healthcare facilities such as the Homerton University Hospital, just 5 minutes away by car.
The area also features independent cafés, restaurants, and shops along Hackney Wick and nearby Broadway Market.
Transport links are excellent, with Hackney Wick Overground station just an 8-minute walk away, offering direct connections to Stratford and Highbury & Islington. From Hackney Wick, you can reach central London in approximately 25–30 minutes via Overground and Tube connections. Multiple bus routes also serve the area, making commuting and exploring London convenient and efficient.
EPC ratingEnergy rating band - C
Environmental rating band - D
Lease informationYears remaining on lease: 101
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.
Other informationHow we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH
You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
Key Features
- Three-bedroom terraced house
- Juliet balcony
- Rear garden
- Central London < 30 min
- Available for 50% share
- 5% minimum deposit only
Particulars
Tenure: Leasehold
Lease Length: 101 years
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 50%, full price £620,000, £15,500 Min Deposit. Calculated using a representative rate of 4.78%
