Available

£200,000

Raddon Tower, Dalston Square, London, E8 3GN
Share 25% / Full price £800,000 / Min deposit £20,000

Apartment
3 bedrooms
2 bathrooms

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Summary

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

Description

A rare chance to buy a large, three-bedroom, shared-ownership apartment. The property is on level 4 and provides well over thirteen hundred square feet of accommodation. There are two storage/utility cupboards in the entrance hallway and a twenty-eight-foot reception room with attractive flooring, open-plan kitchen and sliding doors leading out onto an east-facing balcony. A second balcony can be accessed from the main bedroom, which also has a spacious en-suite shower room. The two other bedrooms and the bathroom are all generously sized. Well insulated walls, modern double glazing and a communal heating/hot water system make for a very good energy-efficiency rating. Dalston Junction is very close by, Dalston Kingsland only a few minutes further away and Hackney Downs Station, for services into Liverpool Street, also within easy walking distance. Ofsted list five primary schools and two secondary schools within a half-mile radius, all rated either 'Good' or 'Outstanding'.

SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £800,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/2uffbmpw]

(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: Clarion.
Tenure: Leasehold (120 years less 3 days from 03/04/2009).
Minimum Share: 25% (£200,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £457.78 per month (subject to annual review).
Service Charge: £546.07 per month (subject to annual review).
Guideline Minimum Income: Dual - £71,600 | Single - £82,700 (based on minimum share and 10% deposit).
Council Tax: Band E, 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 may be permitted but only with prior consent from Clarion (which, unfortunately, can only be obtained once you are the property owner). There is no parking space offered with this property.

Description

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Material information

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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
£200,000 Shared Ownership Resale Full price £800,000
Estimated monthly cost £1,996
£

How is this calculated?

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