9 Monro Way, Lower Clapton, London E5 8NY
Monro Way, London, E5 8NY
from
£108,750
with min. deposit
£5,438
2 bedroom flat
This property has plenty of potential and is a great size for a 2 bedroom flat. The bedrooms are booth double and can hold plenty of space for storage. The living area is very large with plenty of room for a big family room and extra space for a small desk and study area. The kitchen is separate from the living area which is rare for many London flats and has room for a dining area. The flat has one family bathroom.
Hackney Downs Park is just outside this property it is a great green space with play area, basketball, football and tennis facilities and seasonal athletics track. A short 10 minute walk through Hackney Downs Park and you will …
Features
Bedrooms | 2 |
Bathrooms | 1 |
Reception rooms | 1 |
Furniture status | unfurnished |
Floor area | 63 |
Number of floors | 1 |
Entrance floor | 1st floor |
Tenure | leasehold |
Lease years | 80 |
from
£108,750
with min. deposit
£5,438
FAQs
Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.
You can read more on the Help to Buy FAQ
The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.
Read more about eligibility in the FAQ
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