London Mill Apartments
£177,000 for a 30% share
Property description
Our Winter Offer: A £1,000 Ikea voucher on completion!* Communal bike store and children's play area.
Property address
Whiston Road, Hackney, E2 8FS
2 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £590,000
Share Value (30%): £177,000
Monthly Rent: £877.74
Service Charge: £247.57
Council Tax Band: D
125 year lease commenced March 2013 - 113 years remaining
EWS1 Certification available - B1 Rating
For a limited time, enjoy a £1,000 Ikea voucher to help with your move on this property*
Enter this apartment via a hallway with utility room and separate storage cupboards. The open plan living area, which incorporates a stylish kitchen with integrated appliances, has a door to a private balcony. There are two double bedrooms, one with fitted storage and a tiled family bathroom. This home benefits from a sinking fund, which 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.
London Mill apartments are just a short walk away from both Haggerston & Hoxton Overground stations, both offering direct routes to Highbury & Islington, Shoreditch, Liverpool St and Canada Water as well as good bus links. Local parks are in abundance with Haggerston Park, with its sports pitches, and Shoreditch Park within a short stroll. Regents Canal, Hackney City Farm, Victoria Park and Hackney Fields Lido are close by Close to an array of amenities that the area is renowned for including many independent and large retail stores, pubs, coffee shops, bars, restaurants and Broadway Market.
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 £75,148. If you are offered the home, 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 www.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 of January 2025.
*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, 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 or L&Q 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 resales shared ownership property.
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 | £590,000 |
|---|---|
| Minimum Share Percentage | 30% |
| Minimum Share Value | £177,000 |
| Monthly Service Charge | £248 |
| Minimum Deposit | £17,700 |
London Mill apartments are just a short walk away from both Haggerston & Hoxton Overground stations, both offering direct routes to Highbury & Islington, Shoreditch, Liverpool St and Canada Water as well as good bus links. Local parks are in abundance with Haggerston Park, with its sports pitches, and Shoreditch Park within a short stroll. Regents Canal, Hackney City Farm, Victoria Park and Hackney Fields Lido are close by Close to an array of amenities that the area is renowned for including many independent and large retail stores, pubs, coffee shops, bars, restaurants and Broadway Market.
Others
- Balcony
- Central heating
- Double Glazing
- Lift access
- Pets allowed
Outside space
- Communal Garden