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£138,000
New 1 & 2-bedroom wheelchair adaptable Shared Ownership apartments coming soon to Hackney Wick, E3.
Located in the heart of Fish Island in Hackney Wick, Fish Island Point sits within one of London’s most creative areas, offering an exciting place to live and unwind. Fish Island Point has a vibrant collection of 1 & 2-bedroom wheelchair adaptable apartments available through Shared Ownership, featuring great layout options.
Key features:
- Private balconies to all homes
- Contemporary kitchen designs
- 10-minute walk to Hackney Wick Station
- Modern Fixtures and fittings
Registering your interest for a wheelchair-adaptable home*
If you or a member of your household require a wheelchair-adaptable home, visit the Peabody New Homes website and search for Fish Island Point to complete our enquiry form.
Eligibility
As part of our agreement with the London Borough of Tower Hamlets, there is a 3-month priority period after completion of the homes at Fish Island Point. During this time, 50% of the homes are available to households with a maximum income of £60,000. This requirement has been factored into the pricing structure for 1-bedroom apartments, which is why they will typically require a larger deposit during this period. Deposit levels for 1-bedroom apartments are expected to be around 30% of the initial 30% share price - with the lowest estimated at £36,450.
Why should you consider buying in Fish Island, Hackney Wick E3
Everything is within easy reach with fantastic transport links connecting you to central London by tube and rail; and pedestrian and cycling routes into east London’s hubs and green spaces. Stratford’s Queen Elizabeth Olympic Park is also a stone’s throw away.
Example 1-bedroom apartment Shared Ownership cost breakdown - 25% Share*
- Full market value = £460,000
- Example 25% share price = £138,000
- Estimated monthly rent = £738
- Estimated monthly service charge = £164
- Estimated monthly mortgage = £524
- Deposit required (30%) = £41,400
Total monthly cost = £1,426
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought-after location.
Find out more
For more information, be sure to register your interest and be the first to hear about our upcoming launch.
*CGIs (Computer Generated Images) are indicative only
*Travel timings are taken from Google Maps.
*Example pricing only. Does not reflect pricing for this property.
*Wheelchair adaptable homes: Select number of homes available with parking. Additional costs to adaptions are required.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
