1 bedroom apartment for sale
Mulberry Apartments, Coster Avenue, N4 2LD
Share percentage 55%, full price £410,000, £22,550 Min Deposit.
Share percentage 55%, full price £410,000, £22,550 Min Deposit
Monthly Cost: £1,645
Rent £379,
Service charge £128,
Mortgage £1,138*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £64,007. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £22,550Total approximate savings required £26,550.
Important borough specific eligibility criteria
Hackney
This property is available to all applicants with priority to those living or working in Hackney.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Second Floor One bedroom apartment in the London borough of Hackney for £225,500 at 55% share price of £410,000 available through Shared Ownership.
Description
Ground Floor
- Communal entrance hall
- Lift
First Floor
- Kitchen/Lounge
- Bedroom
- Bathroom with WC
- Hallway
External
- Balcony
GIA
45 sqm
Accessibility rating
F
EPC rating
B
Length of lease
117 years remaining
Borough
Hackney
Monthly Fees
Rent - £379.00
Service Charge - £128.19
Ground Rent - £7.75
Key Features
- Balcony
Local Transport
Manor House - 499 ft
Stamford Hill - 0.9 miles
Particulars
Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: Not specified
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: n/a - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 55%, full price £410,000, £22,550 Min Deposit. Calculated using a representative rate of 4.59%
