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1 bedroom apartment for sale

Available

Wilmott Court, Loddiges Road, E9 7FJ

£108,750 · Shared Ownership Resale

Share percentage 25%, full price £435,000, £10,875 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony
Pets allowed
Floor plan
floor-plan
Floor plan
floor-plan
£108,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £435,000, £10,875 Min Deposit

Monthly Cost: £1,610
Rent £879, Service charge £191, Mortgage £540*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Eligibility

We will consider applications from those who do not have a Hackney connection, however priority will be given to those who live/work in Hackney and can evidence this.

Min Household Income is £63,500.

10% deposit is £10,875

The following assumptions have been made to come to this figure:

25 Year Mortgage Term
Pension deductions calculated at 5% of salary.
No student Loans
No loans or hire purchase
No Credit Card balances outstanding

Summary

Ground floor one bedroom apartment near Victoria Park

Description

Sold in 2020, our award winning Frampton Park development has an exciting resale, new to the market!

Located a short walk from Hackney Central and Homerton station, or just a stone's throw from Victoria Park, this property is ideal for its convenient location in the heart of Hackney.

This generous one bed apartment has plenty of storage, integrated white goods including a dishwasher, washer dryer and fridge freezer. With oak engineered flooring throughout and an off-set kitchen, this property is the perfect starter home that just needs to be furnished and made your own.

The raised balcony and access through the main communal corridor are great features for this ground floor flat.

Key Features

Kitchen


• Handleless White Super Matt kitchen units
• Caesarstone worktop in Concrete
• Integrated oven, hob, dishwasher and fridge freezer
• Washer/dryer
• Extractor hood
• Under cabinet lighting
• Recessed LED downlights
• White Johnson’s tiles on walls
• Oak flooring

Bathroom/Shower Room


• Full wall mirror over countertop
• White Johnson’s tiles on walls
• Chrome towel rail
• Light grey Johnson floor tiles with grip finish
• White Armitage Shanks suite
• Thermostatic bath mixer tap with shower over
• Frameless glass shower screen
• Recessed LED downlights

General


• External lighting on balcony/terrace
• Gas central heating

Particulars

Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: C

Property Downloads
Floor Plan Brochure Energy Certificate
Map
London Fields (0.39 miles) Hackney Central (0.42 miles) Homerton (0.53 miles)
Material Information

Total rooms: 1

Furnished: Unfurnished

Washing Machine: Yes

Dishwasher: Yes

Fridge/Freezer: Yes

Parking: No

Outside Space/Garden: Yes - Private Balcony

Year property was built: 2020

Unit size: 59 sq m | 635 sq ft

Communal lift: Yes

Accessible measures: No

Flooded within the last 5 years: No

Listed property: No

Heating: Central, Gas

Sewerage: Mains supply

Water: Mains supply

Electricity: Mains supply

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.

£108,750
Shared Ownership Resale
Estimated Monthly Cost:£1,610
Rent £879
Service Charge £191
Mortgage £540

Share percentage 25%, full price £435,000, £10,875 Min Deposit. Calculated using a representative rate of 4.42%


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.