Commercial Wharf
£168,000 for a 40% share
Property description
Our Winter Offer: A £1,000 Amazon voucher on completion!* Fabulous location with extensive selection of shops, bars & restaurants, and a west facing balcony.
Property address
305 Kingsland Road, Hackney, E8 4EG
1 
1 Shared Ownership
SHARED OWNERSHIP
Full market value - £420,000
You pay (40%) - £168,000
Monthly Rent - £559.35
Monthly Service Charge - £299.85
Annual Ground Rent - £100
125 year lease commenced in April 2012 (113 years remaining)
EWS1 - Remediation works covered by the Government's Non-ACM Building Safety Fund now completed and awaiting certification
For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*
All rooms lead from a central hallway in this modern apartment. The well proportioned open plan living area, including a contemporary kitchen with integrated appliances, opens onto a private west facing balcony. A double bedroom, with fitted storage and a family bathroom complete the accommodation. This property overlooks a private gated courtyard.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof
Commercial Wharf is set on Kingsland Road and is conveniently located for Haggerston Overground (0.1m) and the many bus routes serving Liverpool Street and the City can be found on Kingsland Road. The extensive selection of shops, bars & restaurants found in Shoreditch (1.1m), Dalston (0.5m) and Haggerston are also within easy reach. Regents Canal offers a scenic route across London along one of its most famous waterways which is breathtaking all year round.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £63,881. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at November 2024.
*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £420,000 |
|---|---|
| Minimum Share Percentage | 40% |
| Minimum Share Value | £168,000 |
| Monthly Service Charge | £300 |
| Minimum Deposit | £16,800 |
Commercial Wharf is set on Kingsland Road and is conveniently located for Haggerston Overground (0.1m) and the many bus routes serving Liverpool Street and the City can be found on Kingsland Road. The extensive selection of shops, bars & restaurants found in Shoreditch (1.1m), Dalston (0.5m) and Haggerston are also within easy reach. Regents Canal offers a scenic route across London along one of its most famous waterways which is breathtaking all year round.
Others
- Balcony
- Central heating
- Double Glazing
- Pets allowed
Outside space
- Communal Garden