A new pathway home with Share to Buy
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2 bedroom apartment for sale

Available

86 Ferry Island North Apartments, 1 Station Road, N17 9JT

£128,750 · Shared Ownership New Build

Share percentage 25%, full price £515,000, £6,438 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£128,750 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £515,000, £6,438 Min Deposit.

Monthly Cost: £1,910
Rent £885, Service charge £308, Mortgage £717*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

Wonderful 2 bedroom apartment in the brand new Ferry Island North development. The price advertised represents purchasing a 25% share of the home.

Description

Wonderful 2 bedroom apartment in the brand new Ferry Island North development. The price advertised represents purchasing a 25% share of the home.

About the Development

Heart of Hale is a brand new, state of the art development in the diverse and newly-regenerated area of Tottenham Hale. Transforming the area, these new homes have added to an already existing creative and vibrant neighbourhood with elegantly paved open spaces and a wealth of great local amenities.

Just moments from Tottenham Hale station and right next to the new public square - which is alive with a terrific selection of restaurants, over 15 retail outlets, bars and a cinema! Heart of Hale is the new & upcoming place to be in Zone 3!

Get closer to nature and enjoy the serenity of one of Europe's largest urban wetland nature reserves - The Walthamstow Wetlands. Just a 5-minute stroll from your doorstep, these wetlands have a café and Visitor Centre as well as dedicated running, cycling and walking paths.

About the Home

This brand-new two bedroom apartment features an open plan lounge/kitchen/diner as well as the space for two double beds. The home is offered with large windows that offer ample light as well as various storage space. The property is also offered with modern appliances and a three piece bathroom with shower over bath.

About the Area

Just minutes away from central London and the rural Walthamstow Wetlands, you’ll live with the best of both worlds right on your doorstep. You’ll love it here, with a stylish and comfortable home in the middle of a truly modern community.

The newly refurbished Tottenham Hale station is just a 2 minute walk from this development, this rail intersection serves both the Victoria Line and National Rail routes. Local residents will have direct travel to the capital or further afield to Stansted Airport & Cambridge via National Rail. Tottenham Hale will also form of the future Crossrail 2 route.

The Gym Group London is only a 4 minute walk from Heart of Hale. Tottenham Hotspur stadium is a 9 minute drive away too, this multi-use stadium is not only home to Tottenham Hotspur football club but also plays host to major sporting and non-sporting events, including NFL, rugby and concerts.

London’s leading universities are all easily accessible from Tottenham Hale.

Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&Cs

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Service Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.

Key Features
  1. Brand new 2 bedroom 8th floor apartment
  2. Flooring throughout
  3. Storage space
  4. Modern fitted kitchen
  5. Open plan living
  6. 3 piece bathroom with shower over bath
  7. NHBC warranty
  8. There will be an added service charge
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Tottenham Hale (0.01 miles) Bruce Grove (0.59 miles) Seven Sisters (0.61 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

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.

£128,750
Shared Ownership New Build
Estimated Monthly Cost:£1,910
Rent £885
Service Charge £308
Mortgage £717

Share percentage 25%, full price £515,000, £6,438 Min Deposit. Calculated using a representative rate of 5.03%


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.