Saxony Court, Geldeston Road, E5

Saxony Court, Geldeston Road

Clapton, London E5
Type: Flat Beds:2 Baths:1

Guide Price: £282,000

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Under offer

Summary

60% Shared Ownership. Saxony Court - An attractive first floor apartment with excellent transport links.

Accommodation

60% ownership for sale at £282,000

Michael Naik & Co offer this bright and spacious first floor flat set within a modern apartment building accessed via a quiet, tranquil courtyard garden and within walking distance of transport links as as well as Stoke Newington Church Street which provides a collection of bars and restaurants in addition to a host of independent retailers.

As well as having access to a private, south facing balcony providing the perfect sun trap, the flat benefits from a large open plan kitchen/lounge with space for dining and additional storage space ideal for housing washing machine, dish washer etc. This is followed by a modern bathroom suite, two good size double bedrooms and finally a large communal roof terrace with rooftop views. Overall the flat is finished to a high standard, with modern decor and fittings throughout.

60% Share Price: £282,000

Monthly Rent: £307.65

Monthly Service Charges:£141.38

Ground Rent - £455

Leasehold - 117 years remaining

As part of the shared ownership resale scheme, the following criteria applies;

· Household income must not exceed £80,000(outside of London) or £90,000 (in London)

· Must pass the One Housing financial assessment(done after receiving the application, which can only be submitted after viewing the property)

· No cash buyers

· No pets

· Applicants must be able to afford their purchase, and sustain their housing costs

· Applicants are primarily expected to be first time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners

· Applicants must be unable to purchase a property suitable to meet their needs on the open market

· Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis

Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant whosubmits an applicationwill be nominated as the buyer.

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Tel: 020 7249 0272 Email: contact@michaelnaik.com

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