Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

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Spen(NHHG49), 1 bed homes


Wenlock Road, London, Hackney, N1 7GH

Shared ownership

Starting prices

30% share from
£166,500
Full price
£555,000
Minimum deposit
£16,650
Monthly rent
£811
Monthly service charge
£180

Overview

Ground floor

It is accessed via a secure communal entrance with lift/stair access.

First Floor

The subject flat is situated on the first floor of a six storey block and has the following accommodation -

Hallway

Reception Room/ Kitchen

Bedroom

bath/wc

Accessibility rating

F- General Needs

EPC rating

B

Length of lease

94 years

Borough

Hackney


Local area information

Located on the corner of Micawber Street and Wenlock Road, Spenlow Apartments is a close to the Regent's Canal and fashionable Hoxton. The nearest Underground station can be found at Old Street (0.5 miles- Northern line). Islington's Upper Street with its numerous shops, bars and restaurants is also easily accessible.

The property benefits from a balcony

The building is situated within communal grounds


Housing Provider

Notting Hill Genesis
Shared ownership

Starting prices

30% share from
£166,500
Full price
£555,000
Minimum deposit
£16,650
Monthly rent
£811
Monthly service charge
£180