2 bed flat for sale

Hops House, Walthamstow, London E17

Bright and modern two bedroom apartment now available in Walthamstow, North-east London through Shared Ownership.

The property on the fourth floor comprises an entrance hall with storage space, two bedrooms (one en-suite), one bathroom, and an open-plan living/room kitchen. Perfect for singles, couples or small families.

Outside, the property benefits from a private balcony, and access to communal grounds and areas.

Minimum income required: £63,369

This is reduced if a larger deposit is available.

More shares can be purchased, from a minimum of 5%.

Available for £150,000 for 30% share based on the marketing figure of £500,000.

Monthly rent - £1075.35
Monthly Service Charge - £243.97
Total Monthly Charge - £1,319.32 plus mortgage required for 30% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Location

The property is located in a mainly residential area with convenient access to a good range of local amenities.

Transport links are excellent. It’s just a 2-3 minute walk to the nearest bus stop. St. James Street station is a 3 minute walk and offers Overground services via the Weaver line. Walthamstow Queen’s Road station is a 10 minute walk, providing Overground services via the Suffragette line. Walthamstow Central is a 13 minute walk and gives access to the Victoria Line for Underground travel.

A gym is conveniently located less than a minute away around the corner. Several local supermarkets can be found within a 5 minute walk, along with a variety of shops, cafés, and restaurants.

In addition, there are also several schools within a 10 minute walk. Perfect for families with young children.

EPC rating

Energy rating band - B

Environmental impact band - B

Other informationHow we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.