2 bed Flat For Sale £240,000
If you are unable to buy a property outright on the open market, then Shared Ownership could be the ideal solution for you. It is a part-buy, part-rent scheme, which enables purchasers to buy an initial share of usually between 25% and 75% the value of the property and pay a subsidised rent on the remainder. A service charge may also be payable to cover the cost of communal maintenance. Shared Ownership properties are designed as a stepping stone to completely owning your own home, allowing you to buy as much as you can afford when you can afford it.
A resale is a Shared Ownership property that the current owner bought new from us or as a resale. Buying a resale property makes you an owner-occupier because you are buying at least the current owner's share on the existing lease. The great thing about choosing to buy a re-sale shared ownership property is that it gives you the opportunity to speak to the previous owner and to find out more about the area.
A beautiful two bedroom apartment located on the fourth floor of a modern development. The accommodation comprises; hallway, open plan kitchen/reception room, two double bedrooms, bathroom and a balcony accessed from the reception room. The building benefits from lifts serving all floors and secure cycle storage.
Property Value: £480,000
Minimum Share: 50%
Share Value: £240,000
Lease Term - 88 years (approx.)
Rent pcm - £375.79
Service charge pcm - £175.37
Gross internal area: 647 sq.ft/ 60.1 sqm
Babik Court is within close proximity to local shops and cafes. There is easy access to Overground trains from nearby Rectory Road station, Dalston Kingsland and Dalston Junction stations, as well as a number of nearby bus routes providing good public transport links to and from the City.
A resale is a Shared Ownership property that the current owner bought new from us or as a resale. Buying a resale property makes you an owner-occupier because you are buying at least the current owner's share on the existing lease. The great thing about choosing to buy a re-sale shared ownership property is that it gives you the opportunity to speak to the previous owner and to find out more about the area.
A beautiful two bedroom apartment located on the fourth floor of a modern development. The accommodation comprises; hallway, open plan kitchen/reception room, two double bedrooms, bathroom and a balcony accessed from the reception room. The building benefits from lifts serving all floors and secure cycle storage.
Property Value: £480,000
Minimum Share: 50%
Share Value: £240,000
Lease Term - 88 years (approx.)
Rent pcm - £375.79
Service charge pcm - £175.37
Gross internal area: 647 sq.ft/ 60.1 sqm
Babik Court is within close proximity to local shops and cafes. There is easy access to Overground trains from nearby Rectory Road station, Dalston Kingsland and Dalston Junction stations, as well as a number of nearby bus routes providing good public transport links to and from the City.
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