Apartment 38, Ferry Island North Ap, 1 Station Road, London

This bright and spacious, modern 2-bedroom Apartment is located on the 3rd floor, just a two-minute walk from Tottenham Hale tube and station.

Apartment 38 comes with a stylish modern open plan living space with natural oak wooden effect flooring, a sleek kitchen with fully integrated appliances, including Zanussi stainless steel single oven, fridge freezer, ceramic hob, dishwasher, and a washer dryer. Floor to ceiling sliding doors leads to your private balcony. Additionally, there are two spacious bedrooms with fitted carpets, the apartment includes a generous sized family bathroom with a pop of colour.

Ferry Island North is located within the centre of the vibrant regeneration of Tottenham Hale here you can seek a truly metropolitan life. With a new neighbourhood, designer shops, trendy bars, cafes and restaurants, as well as enhance green spaces there is something here for everyone, individuals, couples and young families alike

PRICING & AFFORDABILITY

Approximate Size 833 sq ft

Full Market Value: £527,500

25% Share Price: £131,875 (rent £824.22pcm)
35% Share Price: £184,625 (rent £714.32pcm)
50% Share Price: £263,750 (rent £549.48pcm)
75% Share Price: £395,625 (rent £274.74pcm)

Minimum 5% Mortgage Deposit (25% share): £6,594
Approximate Service Charges: £323.90 pcm*
Shared Ownership Lease: 125 years
Council Tax Band: TBC

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Ferry Island North you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for this shared ownership scheme you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

SOWN are selling the homes on behalf of Sage Homes. Sage Homes is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Homes visit