1 bedroom apartment for sale

Available

Electric Quarter, High Street, EN3 4SA

£86,250 · Shared Ownership New Build

Share percentage 30%, full price £287,500, £4,313 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£86,250 Shared Ownership New Build

Share percentage 30%, full price £287,500, £4,313 Min Deposit.

Monthly Cost: £1,037
Rent £461, Service charge £146, Mortgage £430*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

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Summary

Only one bedroom properties remain

Description

Register your interest today to find out how to book a viewing and reserve your new home.

Electric Quarter is a collection of contemporary one and two-bedroom homes, available through Shared Ownership. It’s your chance to get on the property ladder in a prime location, with easy access to the centre of London in one direction and open countryside in the other.

There are 3 properties are available of this layout:

Plot 103 can be found on the 1st floor and is available from £86,250 (Full Market Value: £287,500)

Plot 115 can be found on the 2nd floor and is available from £87,000 (Full Market Value: £290,000)

Plot 127 can be found on the 3rd floor and is available from £87,750 (Full Market Value: £292,500)

All properties are 54m2 / 581ft2 and feature spacious open-plan living, a great sized bedroom, the main bathroom and a private balcony.

Behind your smart, red brick exterior you will find a fitter kitchen, elegant bathroom with ceramic wall tiling and attractive, open plan living area. The large windows create a wonderful sense of light and space. This is a home to be truly proud of.

The new Electric Quarter community has been created to offer everything you need on your doorstep. From handy shops, restaurants and cafes to workshops, studios, offices and a mosque. A new library and arts hub are also planned. All set within beautifully landscaped grounds.

Rail connections from Ponders End to London Liverpool Street take 25 minutes. Journeys from Southbury are only a few minutes longer. It’s also handy for buses, with routes that take you across North London. Or take to your bike – it’s a great way to explore the local waterways as well as get to where you’re going. The A10 is handy and gives you great connections to the North Circular and M25. Then, when you want to travel further afield, London City Airport is easy to reach.

Scheme Information:

  • Leasehold
  • Lease length: 990
  • Council tax is due from the day of legal completion even though the banding may not yet be confirmed,, please bear this in mind and make the necessary arrangements. When the property banding is confirmed, it will be listed on the following page: https://www.gov.uk/council-tax-bands or email ctonline@voa.gov.uk
  • Estimated Annual Service Charge: £1,754.40
  • Service Charge Review Period: Yearly
  • Ground Rent: £0
Key Features
  • Fully fitted kitchen with integrated appliances
  • Private balcony to all apartments
  • Video door entry system
  • Landscaped communal gardens
  • NHBC warranty
  • 999-year lease
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Brochure Price List
Virtual Tour
Map
Southbury (0.26 miles) Ponders End (0.63 miles) Brimsdown (0.94 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.

£86,250
Shared Ownership New Build
Estimated Monthly Cost:£1,037
Rent £461
Service Charge £146
Mortgage £430

Share percentage 30%, full price £287,500, £4,313 Min Deposit. Calculated using a representative rate of 3.94%


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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.