2 bed flat for sale

King House, Stoke Newington, London N16

This bright and well presented two bedroom apartment is now available in North London (Stoke Newington) through Shared Ownership,

The property on the ground floor comprises features a entrance hall with built in storage, a spacious open plan living room and kitchen, two good sized bedrooms and a bathroom. Perfect for couples and small families.

Available for £225,000 for 50% share based on the marketing figure of £450,000.

Monthly rent - £656.71
Monthly Service Charge - £236.17
Total Monthly Charge - £892.88 plus mortgage required for 50% 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

Living in Stoke Newington offers contemporary living in the vibrant and diverse neighbourhood. Residents can enjoy an excellent selection of independent cafés, restaurants, shops, and local markets, as well as easy access to the green open spaces of Clissold Park and nearby Hackney Downs.

The property is exceptionally well placed for commuters, with Stoke Newington, Rectory Road, and Dalston Kingsland stations all within easy reach, providing London Overground services and convenient connections to the City, Canary Wharf, and Central London.

One can benefit from access to the A10, linking directly to Central London and the wider road network. Combining a lively community atmosphere, excellent amenities, and strong transport connections, King House is ideally suited to professionals seeking a well-connected London lifestyle.

EPC rating

Energy rating band - C

Environmental impact band - B

Other information

How 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.