Shared Ownership in London, 2 bedroom Apartment

  • £520,000

    Equity share: 25% / £130,000

MTVH - Balls Pond Road
For Sale Shared Ownership

Shared Ownership in London, 2 bedroom Apartment

MTVH - Balls Pond Road
  • £520,000

    Equity share: 25% / £130,000

Property Overview

  • Apartment
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom

Property Description

We are pleased to bring to the market this 2 bedroom Apartment Shared Ownership. It is situated in London, London and is available now

This superb modern home is available to buy from as little as £130,000 with a 25% share!

Being offered to the market with no onward chain and conveniently set within walking distance of local amenities and Dalston Junction overground station is this spacious 2nd floor apartment. The accommodation features a 15ft kitchen/diner with a separate lounge, two double bedrooms and bathroom.

This property is extremely well-situated, within 10 minutes of Islington’s vibrant Upper Street, the bustling boutiques, restaurants and nightlife of Shoreditch, Hoxton, London Fields and Dalston. Transport links also place the City and Canary Wharf.


Approximate Size: 710 sq ft

Full Market Value: £520,000

25% Share Price: £130,000 (rent £1,018.65pcm)
Minimum 5% Mortgage Deposit (25% share): £6,500
Approximate Service Charges: £225.54 pcm*
Shared Ownership Lease: approx. 977 years
Council Tax Band: D


Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change.

** This home can also be purchased outright (100% of the value) which is £520,000 and a purchaser would not need to meet the eligibility criteria listed above.

Property Address

Open on Google Maps
  • Address MTVH - Balls Pond Road
  • City London
  • County London
  • Postal Code N1 4BH


Updated on April 5, 2024 at 11:41 am
  • Property ID: MS-123981
  • Rental Amount Per Month: £1,019/Month
  • Bedrooms: 2
  • Bathroom: 1
  • Property Type: Apartment
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 225.54
  • Value Of The Equity Share: 25% / £130,000
  • Overall Property Value: £520,000
  • Tenure: Leasehold
  • Council Tax Band: D
  • Length of Lease: 977

Contact SOWN about: Shared Ownership in London, 2 bedroom Apartment

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