1 bed Flat For Sale £91,250
Bright and spacious one-bedroom apartment in Hackney, available through Shared Ownership. This fourth-floor apartment comprises an open-plan kitchen and reception room, a large bedroom with a built-in wardrobe, and a bathroom with a heated towel rack and shower over the bathtub. The property also benefits from communal garden space.
Minimum income required: £36,131
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £91,250 for 25% share based on the marketing figure of £365,000.
Monthly rent - £403.76
Monthly Service Charge - £197.32
Total Monthly Charge - £601.08 plus mortgage required for 25% share.
An annual rent increase takes place every April
EPC rating
Energy Rating Band - B
Environmental Impact Band - B
Other information
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Minimum income required: £36,131
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £91,250 for 25% share based on the marketing figure of £365,000.
Monthly rent - £403.76
Monthly Service Charge - £197.32
Total Monthly Charge - £601.08 plus mortgage required for 25% share.
An annual rent increase takes place every April
EPC rating
Energy Rating Band - B
Environmental Impact Band - B
Other information
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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