1/19
£152,500
Second floor two bedroom apartment near Victoria Park
To be eligible for shared ownership with Hackney Sales, you must be able to answer YES to the following questions:
- Are you at least 18 years of age?
- Is your annual gross household income less than £90,000?
- Are you a first time buyer, i.e. you don’t already own a home? If you do already own a home, have you accepted an offer from a buyer and in the process of selling it?
- Are you unable to afford to buy a home suitable for your housing needs on the open market? If you are not sure, you can speak to an independent mortgage advisor
- Are your current mortgage or rent payments up to date?
- Do you have a good credit history (no bad debts or County Court Judgements), and can you afford the regular payments and cost involved in buying and running a home?
- Do you have savings or are you able to easily access at least £4,000 to cover the costs of buying a home? This is a guideline figure, and the actual amount you need will depend on a number of factors
- Do you have enough savings or are you able to access a minimum 10% of the equity share you are buying, as a mortgage deposit? Or do you have the cash funds available to buy the share without a mortgage?
Two bedroom apartment in Hackney, E9
We have a unique opportunity to offer for sale a spacious two double bedroom apartment offering 882 sqft / 82 sqm of living space. The property is located within our popular Frampton Park development, built in late 2020. This property is on the second floor of the building and benefits from a West facing balcony.
This home has been built to a high specification and includes a separate utility room with washing machine, generous storage cupboards and features an open plan kitchen and living room area creating a versatile living space.
The property is situated just off of Well Street, a stone's throw from Victoria Park and the well linked Mare Street, offering transport routes into other parts of Hackney and the City.
Affordability criteria
To be considered, you will need a minimum household income of £85,500.
This is based on the full market value of £610,000 at a 25% share. Service charge per month is £297.43 and Rent per month is £1237.95.
All applicants will need to undergo a complimentary affordability assessment prior to booking a viewing.
Transport links
12 minutes walk to London Fields Station
14 minutes walk to Hackney Central Station
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