2 bedroom apartment for sale
38 Ferry Island North Apartments, 1 Station Road, N17 9JT
Share percentage 25%, full price £527,500, £6,594 Min Deposit.
Share percentage 25%, full price £527,500, £6,594 Min Deposit.
Monthly Cost: £1,883
Rent £824,
Service charge £324,
Mortgage £735*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
Wonderful 2 bedroom apartment in the brand new Ferry Island North development. The price advertised represents purchasing a 25% share of the home.
Description
Wonderful 2 bedroom apartment in the brand new Ferry Island North development. The price advertised represents purchasing a 25% share of the home.
About the Development
Heart of Hale is a brand new, state of the art development in the diverse and regenerated area of Tottenham Hale. Transforming the area, these new homes are adding to an already existing creative and vibrant neighbourhood with elegantly paved open spaces and a wealth of great local amenities.
A new public square, at the heart of the development will come alive with a terrific selection of restaurants, over 15 retail outlets, bars and a cinema.
Get closer to nature and enjoy the serenity of one of Europe’s largest urban wetland nature reserves – The Walthamstow Wetlands. Just a 10-minute stroll from your doorstep these wetlands have a cafe and Visitor Centre as well as dedicated running, cycling and walking paths designed not to disturb the wildlife.
About the Home
This brand new apartment features an open plan lounge/kitchen/diner with doors opening to a private balcony. Also within the home are two bedrooms (master with an en suite and a built-in wardrobe) and a family bathroom.
About the Area
The newly refurbished Tottenham Hale station sits at the intersection of the Victoria Line and National Rail routes. Local residents will have direct travel to the West End on the Underground and can get to Oxford Circus tube station in a hasty 16 minutes, Furthermore, there are direct journeys to Liverpool Street, Hackney and Stansted Airport via National Rail. London’s leading universities are all easily accessible from Tottenham Hale.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
Key Features
- 2 bedroom, 3rd floor apartment
- Flooring throughout
- Storage space
- Modern fitted kitchen
- Open plan living
- Close to local amenities
- 3 piece bathroom with shower over bath
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £527,500, £6,594 Min Deposit. Calculated using a representative rate of 5.03%
