Available

£145,000

The Forge Building, 22 Wharf Road, London, N1 7GP
Share 25% / Full price £580,000 / Min deposit £14,500

Apartment
1 bedroom
1 bathroom

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Summary

A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A great chance to buy a shared-ownership apartment in such a convenient location. The smartly-presented property is on the eighth floor and has a reception room with attractive flooring and an open-plan kitchen area featuring sleek, white units and integrated appliances. A door leads out onto a balcony, the elevation providing a view over the trees that flank Wenlock Basin. There is a good-sized bedroom, a stylish, high-spec bathroom and built-in storage/utility space in the entrance hall. Well insulated walls, modern double glazing and a communal heating/hot water system make for a good energy-efficiency rating. The development has a secure cycle store, a neatly-maintained courtyard plus a roof terrace with views of the surrounding area. Old Street and Angel are just a short walk away with many other transport connections and places of interest also within easy reach.

SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £580,000)

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/y2ruybfb]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: A2Dominion.
Tenure: Leasehold (125 years from 29/09/2015).
Minimum Share: 25% (£145,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £700.13 per month (subject to annual review).
Service Charge: £260.43 per month (subject to annual review).
Guideline Minimum Income: Dual - £57,800 | Single - £66,400 (based on minimum share and 10% deposit).
Council Tax: Band D, London Borough of Hackney. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.

Description

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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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Monthly cost calculator
£145,000 Shared Ownership Resale Full price £580,000
Estimated monthly cost £1,679
£

How is this calculated?

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