Experience modern urban living in this spacious and contemporary one-bedroom flat, perfectly situated on a charming tree-lined street in the highly sought-after area of Stoke Newington. This stunning residence offers a perfect blend of style and convenience, making it an ideal choice for professionals and discerning buyers.
Stylish Living Space:
The open-plan kitchen and living room is a masterpiece of modern design, featuring bespoke cabinetry, integrated appliances, and ample storage. The large windows and glass doors flood the space with natural light, highlighting the beautiful hardwood floors and offering picturesque views. The living area seamlessly extends to a Juliet balcony, perfect for enjoying your morning coffee or an evening drink.
Time For Bed:
The generously sized bedroom is a peaceful retreat, with plush carpeting, a large window, and ample wardrobe space. This room is designed to be both restful and functional, providing a serene escape from the hustle and bustle of city life.
Modern Bathroom:
The contemporary bathroom is elegantly appointed with high-quality fixtures, a sleek white suite, and stylish tile work. The bath/shower combination and heated towel rail add a touch of luxury to your daily routine.
Out & About:
Located just a short walk from Stoke Newington's vibrant Church Street, this flat is at the heart of a lively community known for its eclectic mix of independent shops, cafes, and restaurants. Enjoy leisurely strolls through Clissold Park or explore the natural beauty of nearby Abney Park and Woodberry Wetlands.
Bouverie Road is ideal for commuters, with Stoke Newington Overground Station offering direct services to London Liverpool Street in just 15 minutes. Finsbury Park Station, a short bus ride away, provides access to the Victoria and Piccadilly lines, connecting you to Kings Cross, Euston, and Covent Garden. Numerous bus routes serve Angel Islington, Dalston, Old Street, and other key locations, while the nearby Cycle Superhighway 1 (CS1) makes cycling a convenient option.
Ownership:
This stunning flat is offered on a 50% Shared-Ownership basis with a stair-casing option available, along with a monthly rent portion: £656.24. The purchase price is based on a full value set at £390,000.
Other Information...
Tenure: 50% Shared Ownership / Leasehold Freehold
Parking Arrangements: Street parking (Controlled parking in place)
Vendors position: Actively Looking
Council Tax Band: C (£1,668.77 p/yr)
Local Authority: Hackney
Accessibility at the property: Lift Access
Service Charge: £139.17 p/m (includes building insurance)
50% Shared Ownership Rent: £656.24 p/m
Ground Rent: £0
Utilities
Water: Mains water connected to the property (metered)
Electricity: Property connected to mains electricity
Drainage: Mains & Surface water drainage connected to the property
Heating: Electric - Room heaters
Windows: Double glazing
Mobile coverage (based on calls indoors): O2 - Likely | EE - Likely | Three - Limited | Vodafone - Limited
Broadband (estimated download speeds): Standard: 13 Mbps | Superfast: 80 Mbps
Tenure : Shared ownership
Council Tax Band : C
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
