£157,500

This bright, charming, two bedroom apartmemt is now available on Hackney through Shared Ownership.

The property on the first floor comprises an entrance hall, storage cupboards, a spacious living room with a modern open plan kitchen, two bedrooms and a bathroom.

The property is located on Mare Street, forming part of an established residential location in the borough of Hackney.

Available for £157,500 for 30% share based on the marketing figure of £525,000.

Monthly rent - £583.13
Monthly Service Charge - £229.69
Total Monthly Charge - £812.82 plus mortgage required for 30% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property is close to local amenities: A 5-minute walk to London Fields, Victoria Park, Broadway Market, Regents Canal, Ofsted-rated outstanding London Fields Primary School, and several outstanding nurseries, Fitness4Less gym and fitness and yoga studios. 10-minute to V&A Museum of Childhood, Lidl supermarket. Fifteen-minute walk to Columbia Road Flower Market, Hackney Empire Theater, and Picture House cinema.

There are great transport links close to this property too. Cambridge Heath (Overground) and Bethnal Green (Underground) are a 10-minute walk from the apartment which is perfect for commuters.

Years remaining on lease: 108

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.