Spur House, 4-14 Spurstowe Terrace, Hackney, E8 1LT
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- New apartment
- Great location
- Very close to station
- Excellent specification
- Engineered wood flooring
- Full range of appliances
- South/west-facing living area & balcony
- Underfloor heating
Description
The building itself has a south-west aspect, providing almost optimum light to the 7+ metre main living area of this highly specified 1st floor apartment. A good size double bedroom and an attractive bathroom complete the accommodation.
Shared ownership is the easier way to have a home of your own, rather than renting with no return. You buy the financial share that works for your budget and pay an affordable monthly fee to us for the bit you haven't bought. You need a smaller deposit, as it's based on the price of the share you buy, rather than the full value. And, just like owning outright, when you want to move on you simply sell your share for its market value at that time. Or, when you're ready, you can buy more shares...until it's all yours.
Initially you can buy anywhere between 25-75%, according to what you can afford. Some round-number examples, based on a home with a full market value of £450,000:
25% share = £112,500 (A 10% deposit would be £11,250; your monthly mortgage £495* and your monthly fee £773 = £1268/month)
50% share = £225,000 (A 10% deposit would be £22,500; your monthly mortgage £990* and your monthly fee £516 = £1506/month)
75% share = £337,500 (A 10% deposit would be £33,750; your monthly mortgage £1485* and your monthly fee £258 = £1743/month)
It really works, with hundreds of thousands of people across the country having already bought their home this way.
Our experienced, professional team is here to ensure that things go as smoothly as possible. Call us 9-5 Monday-Friday, or email us anytime, to discuss how it could work for you.
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*Based on a mortgage rate of 4.75% and term of 35 years. Please note, rates & criteria vary. A service charge is payable in addition to the above.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask developer
Spur House, 4-14 Spurstowe Terrace, Hackney, E8 1LT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hackney Downs Station0.0 miles
- Hackney Central Station0.3 miles
- London Fields Station0.6 miles
About the development
Spurstowe Terrace
Spur House, 4-14 Spurstowe Terrace, Hackney, E8 1LT
Development features
- Excellent location
- Exclusive private block
- Great spec
- South-west facing living areas & balconies
About Islington and Shoreditch Housing Association Limited
Islington and Shoreditch Housing Association (ISHA) is a community and neighbourhood-based housing association managing and developing quality affordable housing for people in North and East London, and building more homes in Hackney, Islington and Waltham Forest. We are a major provider of truly affordable housing in North London, with over 2,400 homes.
ISHA consists of Islington and Shoreditch Housing Association, with Urban Style Ltd as a subsidiary. We also incorporate Lien Viet housing association and proudly continue to deliver culturally sensitive services to local Vietnamese and South Asian communities.
Islington and Shoreditch Housing Association is smaller and more local than many other housing associations operating in London. Our roots go back to 1933 and we have grown rapidly in recent years, but our focus has always been on our residents.
Our vision is to co-create homes and communities where everyone can flourish. We believe everyone is entitled to a quality, affordable and safe home, and everything we do is built on our four core organisational values:
- Pride in Team ISHA
- Respect for everyone
- Trusted to make the difference
- Passionate commitment to customers
You can follow our progress or get in touch via our website or on Twitter.
We work in close co-operation with our local authorities, Homes England, and other local Housing Associations, including Black and Minority Ethnic, special needs Housing Associations and co-operatives. Investment in development is provided by the Greater London Authority. ISHA leads the North River Alliance (NRA), which is a consortium of north and east London community-based housing associations. We are regulated by the Regulator of Social Housing.
ISHA is a registered society under the Co-operative and Community Benefits Society Act 2014.
Notes
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