2 bedroom apartment for sale

Available

Eileen Lenton Court, Tottenham Green East, N15 4UR

£255,000 · Shared Ownership Resale

Share percentage 75%, full price £340,000, £12,750 Min Deposit.

Available
2 bedrooms
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£255,000 Shared Ownership Resale

Share percentage 75%, full price £340,000, £12,750 Min Deposit.

Monthly Cost: £1,574
Rent £142, Service charge £177, Mortgage £1,255*

Calculated using a representative rate of 3.82%

Calculate estimated monthly costs

£
Summary

Two bedroom second floor apartment within close proximity to shops and transport links.

Description

SHARED OWNERSHIP

Full market Value - £340,000

You pay (75%) - £255,000

Monthly rent - £141.81

Monthly service charge - £177.13

Council tax band: C

125 Year lease commenced April 2008 - 111Years remaining

New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

Close to Seven Sisters Tube station and Tottenham Hale overground, this apartment is ideally situated for a commute into London. For your convenience, a local Tesco is nearby or,alternatively, Seven Sisters market is to be found within 0.2 miles. For larger items,Tottenham Hale Retail Park is located within 0.5 miles.

Tottenham Green Leisure Centre is just across the road, or for a stroll,local parks includeDown Lane Park within 0.7 miles and Downhills Park within 0.9 miles.

Soprano Way is 0.63 miles from Hinchley Wood Station, but tucked away in a quiet area of Esher.With excellent road links, access to local shops and all amenities

You will require a deposit to obtain a mortgage for this property

To meet the requirements for this property we require as a guideline, a minimum household income of £57,375. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note thatapplicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. To register, please visit our website - www.lqhomes.com

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. Details believed to be correct as at June 2022.

Key Features
  • Living area open plan to kitchen.
  • Kitchen fitted with beech effect wall and base units and grey worktops, integrated cooker and spaces for fridge/freezer and washing machine.
  • Two double bedrooms.
  • Bathroom fitted with white suite and shower over bath.
  • Gas Central Heating (not tested).
  • Triple glazing.
  • Communal garden.
  • NO PARKING.
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Seven Sisters (0.21 miles) South Tottenham (0.41 miles) Tottenham Hale (0.48 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£255,000
Shared Ownership Resale
Estimated Monthly Cost:£1,574
Rent £142
Service Charge £177
Mortgage £1,255

Share percentage 75%, full price £340,000, £12,750 Min Deposit. Calculated using a representative rate of 3.82%


Development
Resales
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.