Tel: 0207 846 5875

The Forge Building, Wharf Road, London, N1

For Sale - Leasehold - Shared Ownership £145,000

1 Bedroom, 1 Reception, 1 Bathroom, Apartment, Leasehold

A stunning one-bedroom apartment flooded with natural light, nestled in a modern and exceptional development.

Occupying the 8th floor, this residence boasts a spacious and luminous open-plan living space seamlessly integrated with a contemporary, well-equipped kitchen. Step out onto the private balcony that overlooks a serene courtyard and provides picturesque views of the tranquil Wenlock Basin.

The generously sized hallway separates the living spaces, revealing a master bedroom with built-in wardrobes and a stylishly appointed family bathroom.

Noteworthy attributes of this property include an energy-efficient heating system, underfloor heating, convenient lift access, access to leisure facilities, and an expansive communal roof terrace.

This award winning development enjoys a prime location, in close proximity to a diverse range of shops, cafes, and restaurants. Additionally, the Northern Underground line offers seamless transportation from both Angel and Old Street Underground stations.

SHARED OWNERSHIP (Advertised price represents a 25% share. Full market value £580,000).

KEY POINTS:
Housing Association: a2dominion Homes Ltd
Tenure: Leasehold 114 years (125 years from 2015).
Minimum Share: 25% (£145,000).
Shared Ownership Rent: £700.13 per month (subject to annual review).
Service Charge: £260.43 per month (subject to annual review).
Ground Rent: N/A
Guideline Minimum Income: Household - £66,400 (based on a minimum share and 10% deposit).
Council Tax: Band D, London Borough of Hackney.

KEY FEATURES:
Guideline Minimum Deposit £14,500
Maximum Household Income £90,000
8th Floor (building has a lift)
Approx. 520 Sqft Gross Internal Area
Energy-efficient heating system
Close to Angel/Old Street Underground