2 bedroom flat for sale

Shared Ownership

This superb modern home is available to buy from as little as £123,750 with a 25% share!

Welcome to Hops House, Old Brewery Way, E17; an exceptional, beautifully designed first floor apartment located in the vibrant and ever-popular Walthamstow area.

This spacious two-bedroom home boasts an approximate area of 786 sq ft (73 sq m) and offers modern urban living with thoughtful design throughout. The large open-plan kitchen and reception room (22'4 x 14'3 max) provides the perfect setting for entertaining or relaxing, with direct access to a private balcony, ideal for morning coffees or evening unwinds.

Both bedrooms are doubles with ample natural light and bedroom one comes complete with a sleek modern en suite shower room. The property also features a well-appointed family bathroom and an additional WC and the storage space is cleverly incorporated to ensure functionality.

Situated in E17 7FE, this home is perfectly positioned just a short stroll from Walthamstow Central Station (Victoria Line and Overground), offering swift connections to King’s Cross, Oxford Circus, and Liverpool Street, making Hops House ideal for commuters. Local bus routes are plentiful, connecting you across East London with ease.

Walthamstow itself is renowned for its creative spirit and community vibe. Enjoy the vibrant atmosphere of Walthamstow Village, a charming pocket of independent shops, cafes, and historic pubs. Explore the iconic God’s Own Junkyard, with its neon art and quirky flair, or unwind in the lush greenery of Lloyd Park and the William Morris Gallery.

The apartment also benefits from proximity to Walthamstow Wetlands, one of Europe’s largest urban wetland nature reserves — a haven for outdoor enthusiasts.

PRICING & AFFORDABILITY

Full Market Value: £495,000

25% Share Price: £123,750 (rent £1,077.48pcm)
Minimum 5% Mortgage Deposit (25% share): £6,187.50
Approximate Service Charges: £153.38pcm*
Shared Ownership Lease: approx. 117 years
Council Tax Band: C

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.

To be eligible for shared ownership 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.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

* This home can also be purchased outright (100% of the value) which is £495,000 and a purchaser would not need to meet the eligibility criteria listed above.