Mulberry Apartments - GEN39
Mulberry Apartments, Coster Avenue, London, N4 2LD
For sale
Shared ownership
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Local Transport Manor House – 0.1 miles Finsbury Park – 0.7 miles...

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from £131,250 with min. deposit £13,125

Sixth Floor one bedroom home in the London borough of Hackney for £131,250 (35%) share price of £375,000 full market price), available through Shared Ownership.



Ground floor

Communal entrance hall and lift

Sixth Floor

Hallway, kitchen/reception room, bedroom and bathroom/WC.


Balcony and communal gardens

Accessibility rating


EPC rating


Length of lease

121 years





You will need to be earning a guidance income of £47,519. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £13,125. Total approximate savings required £17,125

Important borough specific eligibility criteria

This property is available to all applicants with priority to those living or working in Hackney.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

Monthly Fees

*Monthly Mortgage: £663.85

Monthly Rent: £470.28

Service Charge: £153.68

Ground Rent: £370 annually

Estimated Total (per month): £1,287.81 excluding council tax

*Estimate – The monthly mortgage is based on an interest rate of 4.5% with a capital and interest repayment over 25 years. It is based on a 10% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.


Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.
Read more on the Shared Ownership FAQ
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.
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.
Read more about eligibility in the FAQ
Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you
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