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1 bedroom apartment for sale

Under Offer

Ashview Apartments, Katherine Close, N4 1FN

£129,000 · Shared Ownership Resale

Share percentage 30%, full price £430,000, £12,900 Min Deposit.

Under Offer
1 bedroom
1 Bathroom
Private Balcony
Floor plan
floor-plan
Floor plan
floor-plan
£129,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £430,000, £12,900 Min Deposit

Monthly Cost: £1,489
Rent £614, Service charge £235, Mortgage £640*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Eligibility

You will need to be earning a guidance income of £49,908. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £12,900. Total approximate savings required £16,900.

Important borough specific eligibility criteria

London Borough of Hackney

All London applicants will be considered –with preference given to those who are either living or working in the Borough.

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 Fifth floor apartment in Hackney available through Shared Ownership 30% for £129,000 Full Market Value £430,000

Description

Viewings will be taking place:

TBC

Internal

  • Entrance hallway
  • Main bedroom
  • Open plan kitchen and living room
  • Bathroom

External

  • Private balcony

GIA

  • 55 sqm

EPC rating

  • B

Lease length

  • 113 years remaining

Monthly ground rent

  • £6.25

Important information

This property does not currently have a satisfactory EWS1 form and therefore any lending will be subject to individual lenders requirements. We will work with lenders but are unable to guarantee the outcome, as this is building and lender specific. We recommend speaking with a financial advisor or broker Applicants who qualify for cash purchase under Shared Ownership terms will be unaffected by this from a lending perspective.

Key Features

Transport

  • Manor House / Underground(0.13 miles)
  • Harringay Green Lanes / Rail (0.41 miles)
  • Harringay / Underground (0.63 miles)

Local Area

  • Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities.
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Manor House (0.21 miles) Harringay Green Lanes (0.30 miles) Harringay (0.55 miles)
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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£129,000
Shared Ownership Resale
Estimated Monthly Cost:£1,489
Rent £614
Service Charge £235
Mortgage £640

Share percentage 30%, full price £430,000, £12,900 Min Deposit. Calculated using a representative rate of 4.42%


Notting Hill Genesis Resales
View properties by this developer
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.