1/15
Available
£330,000
Nichols Court, 10 Cremer Street, E2 8HR
Share 60% / Full price £550,000 / Min deposit £33,000
Peabody New Homes
020 7768 2296
Eligibility
You may be eligible for this property if: You must be at least 18 years old. Your annual household income must be less than £90,000. You are unable to purchase a suitable home to meet your housing needs on the open market. You should generally be a first-time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply. Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Description
Property reference number: 1639392
Nichols Court property is a 2-bedroom flat in an enviable Zone 1 location.
Situated a stone’s throw away from the beating heart of East London, Nichols Court many points of interest. It is located only a short walk away from Columbia Road Flower Market, Shoreditch High Street (home to Boxpark and many independent cafes and shops), Spitalfields and bustling Brick Lane.
Located close to Liverpool Street Station, with Hoxton Overground only a 2 minute walk away, transport is efficient and easy. It is possible to walk into the City of London and into the Financial District. Nichols Court is the perfect place where the arts and corporate worlds can combine, as it is settled beautifully between both but is just off the corner of Kingsland Road, providing privacy and quiet within the buzz of London
- Nearest stations: Hoxton, Old Street and Liverpool Street stations
- Bus Routes: 243, 55, 205/N205, 26, 243, 149, N242
Key features:
- Underfloor heating in the bathroom
- Secured bike storage
- Integrated kitchen appliances
- Exceptional zone 1 location
- Parking
- Private balcony
- Fitted wardrobes
What happens after I register my interest?
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
- Tenure: Leasehold
- Remaining lease term: 101 years
- Annual ground rent amount:
- Ground rent review period:
- Annual service charge amount: £2,309.16
- Service charge review period: Annually
- Council tax band: D
*Financial information correct as of 11.07.24
Local area information
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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.
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Monthly cost calculator
£330,000
Shared Ownership Resale
Full price £550,000
Estimated monthly cost
£1,829
£
How is this calculated?