South Mill Apartments, Hebden Street, E2 8FZ

SHARED OWNERSHIP

Full Market Value: £450,000

Share Value (25%): £112,500

Monthly Rent: £1085.59

Service Charge: £247.95

Council Tax Band: C

125 year lease commenced July 2016 - 116 years remaining

EWS1 Certification available - B1 Rating

Enter this apartment via a hallway with utility room and separate storage cupboards. An open plan living area incorporates a stylish kitchen with integrated appliances, and has a door to a west facing private balcony. The double bedroom has fitted storage and a contemporary family bathroom completes the accommodation. This home benefits from a sinking fund, which is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

South Mill Apartments are just a short walk away from both Haggerston & Hoxton Overground stations, both offering direct routes to Highbury & Islington, Shoreditch, Liverpool St and Canada Water as well as good bus links. Local parks are in abundance with Haggerston Park, with its sports pitches, and Shoreditch Park within a short stroll. Regents Canal, Hackney City Farm, Victoria Park and Hackney Fields Lido are close by Close to an array of amenities that the area is renowned for including many independent and large retail stores, pubs, coffee shops, bars, restaurants and Broadway Market.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £70,169. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of February 2025.