57 Kingsland High Street, London, E8

Property Details: - Type: Apartment - Bedrooms: 1 - Bathrooms: 1

Agent: Purplebricks - Covering East London Phone: 020 4645 4583

The Property<br/>A well-proportioned one-bedroom apartment set on the second floor of a modern purpose-built development on Kingsland High Street.<br/><br/>The property offers approximately 51 sqm of internal space and comprises a bright east-facing open-plan kitchen and living area, enjoying excellent morning light, with direct access to a private balcony. The apartment further benefits from a double bedroom, contemporary bathroom, and built-in storage throughout.<br/><br/>Constructed in 2017, the building is well-maintained and includes lift access, secure entry system, bike storage, access to a communal reception area, and communal garden spaces. The flat is presented in excellent original condition.<br/><br/>Location<br/>Positioned on Kingsland High Street, the apartment sits at the heart of Dalston’s vibrant and evolving neighbourhood. Ridley Road Market is moments away, offering a wide array of independent food stalls and local produce, while the surrounding area is known for its diverse mix of cafés, restaurants, and nightlife.<br/><br/>Dalston Junction station is within very close walking distance, providing excellent connectivity across London. The area is also home to a number of well-regarded cultural venues, green spaces, and leisure facilities including Curve Garden, Clissold Park and its reservoirs, as well as several local lidos and fitness spaces.<br/><br/>Shared Ownership<br/>Available as a 40% shared ownership purchase at £180,000 (based on a full market value of £450,000). Full ownership offers can only be accepted from the 12th of May, after the initial 4-week shared ownership period. <br/><br/>Shared ownership: <br/><br/>Monthly rent on the unowned share: £898.99 (until 31st March 2027, subject to annual review)<br/><br/>Service charge: £282.23 per month (until 31st December 2026, subject to annual review)<br/><br/>Buyers may also choose to purchase a larger share (in minimum 10% increments), subject to eligibility.<br/><br/>Full ownership purchase available at £450,000. <br/><br/>The property can be staircased up to 100% ownership, at which point the shared ownership rent falls away and is replaced by a ground rent of £500 per annum (reviewed every 5 years in line with RPI).<br/><br/>Shared ownership resale purchasers will be subject to standard affordability and eligibility checks via Shared Ownership Mortgages.<br/><br/><b>Property ownership information</b><br/><br/>Ground rent review period: No review period<br/><br/>Service charge review period: Every 1 year<br/><br/>Lease end date: 30/09/2142<br/><br/>Property Description Disclaimer<p>This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.</p><p>Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.</p><br/>