2 bedroom flat for sale
flat
bedrooms
Property photos
+5
Property description
Shared Ownership
This superb modern home is available to buy from as little as £75,000 with a 25% share!
This ground floor apartment is located in between Enfield and Waltham Cross is offered to the market with a complete chain above. The spacious and well presented accommodation provides two double bedroom, a large living/dining room, modern kitchen and refitted bathroom. There is allocated parking and the lease will be extended on completion.
This property is ideally situated for access to the M25 motorway network and just a short walk from Turkey Street train station which serves London Liverpool Street & Tottenham Hale. Enfield is an attractive place for individuals and families seeking a high quality of life. One of the staples of the area is the scenic Forty Hall and its surrounding gardens, which provide a pleasant escape from busy city life
PRICING & AFFORDABILITY
Full Market Value: £300,000
25% Share Price: £75,000 (rent £864.08pcm)
Minimum 5% Mortgage Deposit (25% share): £3,750
Approximate Service Charges: £293.25pcm*
Shared Ownership Lease: approx. 972 years (extended on completion)
Council Tax Band: D
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 £300,000 and a purchaser would not need to meet the eligibility criteria listed above.
This superb modern home is available to buy from as little as £75,000 with a 25% share!
This ground floor apartment is located in between Enfield and Waltham Cross is offered to the market with a complete chain above. The spacious and well presented accommodation provides two double bedroom, a large living/dining room, modern kitchen and refitted bathroom. There is allocated parking and the lease will be extended on completion.
This property is ideally situated for access to the M25 motorway network and just a short walk from Turkey Street train station which serves London Liverpool Street & Tottenham Hale. Enfield is an attractive place for individuals and families seeking a high quality of life. One of the staples of the area is the scenic Forty Hall and its surrounding gardens, which provide a pleasant escape from busy city life
PRICING & AFFORDABILITY
Full Market Value: £300,000
25% Share Price: £75,000 (rent £864.08pcm)
Minimum 5% Mortgage Deposit (25% share): £3,750
Approximate Service Charges: £293.25pcm*
Shared Ownership Lease: approx. 972 years (extended on completion)
Council Tax Band: D
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 £300,000 and a purchaser would not need to meet the eligibility criteria listed above.
Interested in this property?
Council tax
First listed
6 days agoEnergy Performance Certificate
Marketed by
SOWN - National Crowthorne House, Nine Mile Ride Wokingham RG40 3GZPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
- Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by SOWN - National. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact SOWN - National for full details and further information.
