1 bedroom apartment for sale
Coster Avenue, N4 2ZT
Share percentage 45%, full price £440,000, £19,800 Min Deposit.
Share percentage 45%, full price £440,000, £19,800 Min Deposit.
Monthly Cost: £1,821
Rent £634,
Service charge £182,
Mortgage £1,005*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £67,500. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19,800. Total approximate savings required £23,800.
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
One Bedroom Ground Floor Apartment in Hackney
Description
This one bed apartment is located close to Finsbury Park, an established and good quality mainly residential area to the north of Central London, in the London Borough of Hackney.The property is located in the Woodberry Down regeneration zone and is next to the Woodberry Wetlands Nature Reserve as well as the reservoir.
Accommodation:
Ground Floor
Entrance Hallway
One Bedroom (5.22m max x 3m)
Open Plan Kitchen / Living Room (1.91m rising to 3.41m x 7.88m)
Bathroom (2.13m x 2.03m)
Two Storage Areas
Patio
Gross Internal Floor Area: 50.22 SQM
Lease Length: ~298 Years
Key Features
The property is conveniently located within 0.2 miles of Manor House Underground Station and the open expanse of Finsbury Park
Private terrace
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
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 45%, full price £440,000, £19,800 Min Deposit. Calculated using a representative rate of 4.64%
