1 bedroom apartment for sale
Flat 12 Selcraig House,, 130 Bouverie Road,, N16 0AQ
Share percentage 35%, full price £390,000, £13,650 Min Deposit.
Share percentage 35%, full price £390,000, £13,650 Min Deposit.
Monthly Cost: £1,663
Rent £813,
Service charge £157,
Mortgage £693*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Are you eligible for a Shared Ownership home?
Eligibility will vary depending on which property you are looking at purchasing, the property size and whether there are any criteria imposed by the local authority.
General Shared Ownership eligibility criteria
- You must be aged 18 or older.
- Your annual household income if buying outside of London must be less than £80,000.
- Your annual household income if buying in London must be less than £90,000.
- You will normally be a first time buyer or be in the process of selling your home. You must not own any other property at the time you buy your new home.
- You should not be able to afford to buy a home on the open market which is suitable for your housing needs.
- You must be able to show you are not in rent or mortgage arrears.
- You must be able to demonstrate that you have a good credit history (no County Court Judgements or bad debts) and can afford the costs and regular payments involved in buying a home.
Please note: You should always check the eligibility required with the specific development, as there may be specific criteria.
Priority for Shared Ownership:
In some instances, priority for Shared Ownership properties can be given to applicants:
- That work for the Armed Forces / Ministry of Defence.
- Who are council and housing association tenants.
- Who live or work in the borough in which the property is located over those who currently live or work outside it.
- On some developments, secondary priority is given to applicants who live or work in the neighbouring borough
Summary
A spacious, light and contemporary one bedroom flat located in a pretty tree-lined street in a sought-after area of Stoke Newington.
Description
A spacious, light and contemporary one bedroom flat located in a pretty tree-lined street in a sought-after area of Stoke Newington.
Stoke Newington's lively epicentre is Church Street, which is within 6 minutes’ walk of this flat. Church Street has a wide variety of quality cafes, restaurants and bars. The shops are mostly independent, and many sell a range of vintage goods.
The location is ideal for commuters, Finsbury Park station on the Victoria and Piccadilly line is a short bus journey away and provides excellent services to Kings Cross (6 minutes), Euston (8 minutes) and Covent Garden (15 minutes). Stoke Newington overground station is a short walk and provides excellent services to London Liverpool Street (15 minutes). Local buses serve many locations, including Angel Islington, Dalston, Old Street and London Liverpool Street. Bouverie Road is located on cycle superhighway 1 and it is a great area for cycling.
The flat is a short walk from Clissold Park, Abney Park and Woodberry Wetlands. It is located within the vicinity of excellent primary and secondary schools.
Key Features
- Situated in a desirable neighbourhood close to local shops, restaurants, parks, green spaces and transport links.
- Situated on the second floor of a secure, purpose-built block with video entry phone.
- Floor to ceiling windows in living room and bedroom with Juliette balconies.
- Spacious and light open planned living area and kitchen with views on two sides of the building.
- Bathroom fitted with white suite, shower over bath with glass shower screen and heated towel rail
- Bicycle storage area.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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 35%, full price £390,000, £13,650 Min Deposit. Calculated using a representative rate of 4.64%
