2 bed Flat For Sale £282,000
Saxony Court, Geldeston Road, Clapton, London E5

Video Tour -

60% ownership for sale at 282,000

Michael Naik & Co offer this bright and spacious first floor flat set within a modern apartment building accessed via a quiet, tranquil courtyard garden and within walking distance of transport links as as well as Stoke Newington Church Street which provides a collection of bars and restaurants in addition to a host of independent retailers.

As well as having access to a private, south facing balcony providing the perfect sun trap, the flat benefits from a large open plan kitchen/lounge with space for dining and additional storage space ideal for housing washing machine, dish washer etc. This is followed by a modern bathroom suite, two good size double bedrooms and finally a large communal roof terrace with rooftop views. Overall the flat is finished to a high standard, with modern decor and fittings throughout.

60% Share Price: 282,000

Monthly Rent: 307.65

Monthly Service Charges:141.38

Ground Rent - 455

Leasehold - 117 years remaining

As part of the shared ownership resale scheme, the following criteria applies;

Household income must not exceed 80,000(outside of London) or 90,000 (in London)

Must pass the One Housing financial assessment(done after receiving the application, which can only be submitted after viewing the property)

No cash buyers

No pets

Applicants must be able to afford their purchase, and sustain their housing costs

Applicants are primarily expected to be first time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners

Applicants must be unable to purchase a property suitable to meet their needs on the open market

Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis

Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant whosubmits an applicationwill be nominated as the buyer.