2 bedroom apartment for sale
421 High Street, N22 8JU
Share percentage 40%, full price £360,000, £14,400 Min Deposit.
Share percentage 40%, full price £360,000, £14,400 Min Deposit.
Monthly Cost: £1,371
Rent £504,
Service charge £136,
Mortgage £731*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £ 50,649. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £ 14,400. Total approximate savings required £18,400
Important borough specific eligibility criteria
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.
Summary
1ST FLOOR 2 BEDROOM APARTMENT AVAILABLE THROUGH SHARED OWNERSHIP 40% SHARE @£144,000 FULL MARKET VALUE £ 360,000
Description
SPECIFICATION
Ground floor
Communal entrance with staircase.
First Floor
Hall, living room with open plan kitchen, 2 double bedrooms, internal bathroom with WC.
External
Private balcony. Allocated parking space.
GIA
70m2
EPC rating
C
Length of lease
110 years remaining
Borough
Haringey
Key Features
Private balcony.
Allocated parking space.
Close to local amenities and shops
Local Transport
Bowes Park Station
Bounds Green Underground–)
Wood Green Underground )
Alexander Palace
Close to A10 and A406 Motor way Links
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £360,000, £14,400 Min Deposit. Calculated using a representative rate of 4.64%
