- 2 Bedrooms
- 50% share available
- Call 0203 815 1234 to book your viewing.
Second floor, two bedroom home in the London borough of Hackney for £200,000, 50% share of £400,000 full market price, available through Shared Ownership.
Monthly Mortgage*: £1,011.59
Monthly Rent: £294.92
NHHO Service Charge: £146.95
Council Tax: £101.83
Estimated Total (per month): £1,453.46 excluding council tax
*Estimate – The monthly mortgage is based on an interest rate of 4.5% with a capital and interest repayment over 25 years. It is based on a 10% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
£200,000 (50% Share Price of £400,000)
- Residential facilities nearby
- Chatsworth Road Market (0.16 km)
- Mare Street (1.6 km)
- Olympic Park (2.25 km)
- Westfield (Stratford) (3.22 km)
Communal entrance hall
Hallway, lounge, kitchen, two bedrooms, bathroom and WC
Entry phone system
58 sq. m
Length of lease
You will need to be earning a guidance income of £52,377. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£20,000. Total approximate savings required £24,000.
Important borough specific eligibility criteria
Applicants from all London boroughs will be considered, with priority given to Hackney applicants.
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 26/10/2018
|Number of Beds||2|
|Full market price||£400,000|
|Ownership||50% share available|
|Guidance household income||£52,377|
Location and local area
Homerton (0.48 km)
Hackney Central (1.13 km)