- 2 Bedrooms
- 25% share available
- Call 0203 815 1234 to book a viewing.
Two bedroom, second floor flat in the London Borough of Islington, available to buy through Shared Ownership. Full market value £570,000, 25% share available, share price £142,500.
Monthly Rent: £592.65
NHHO Service Charge*: £128.23
Notting Hill Administration Fee: £0
Council Tax: £112.58
Estimated Total (per month): £1,478.42 excluding council tax
*Service Charge payable to Notting Hill
**Estimate: The monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage The rent may increase each year, the increase calculation will be specified in the lease.
£142,500 (25% share of £570,000)
Intercom, entrance hall, passenger lift and stairwell
Entrance hall, two bedrooms, bathroom and lounge/kitchen.
Communal garden areas
66 sq. m as per RICS valuation
F – General Housing
Length of lease
You will need to be earning a guidance income of £53,277. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £14,250. Total approximate savings required £18,250.
Important borough specific eligibility criteria
Priority will go to applicants with a connection to Islington but all applicants can apply.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Details correct as at 05/11/2018
|Number of Beds||2|
|Full market price||£570,000|
|Ownership||25% share available|
|Guidance household income||£53,975|
Location and local area
Hackney Central (1.4 km)
Canonbury (0.8 km)
Dalston Junction (0.6 km)