1 bedroom apartment for sale
Parkhurst Road, N7 0LR
Share percentage 25%, full price £425,000, £5,313 Min Deposit.
Share percentage 25%, full price £425,000, £5,313 Min Deposit.
Monthly Cost: £1,487
Rent £730,
Service charge £152,
Mortgage £605*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A collection of 1 bedroom apartments for shared ownership purchase in the heart of north London
Description
North Seven is located just off the Holloway Rd. Hampstead Heath, Camden Town and Islington are all nearby, with Kings Cross, The City & the West End within easy reach. The development is less than 200 metres from the amenities of Holloway road, including a choice of supermarkets and other stores, restaurants, pubs and healthcare facilities. There is a multiplex cinema close-by, with a health club and leisure centre within walking distance. In addition to a variety of bus services, Caledonian Rd underground is a 10-minute walk away, with Tufnell Park and Finsbury Park stations both within a mile.
Our well-specified apartments are positioned around a central courtyard garden and are finished to provide a tasteful, neutral canvas...ready for you to add your own, unique signature.
Shared ownership is the easier way to have a home of your own, rather than renting with no return. You buy the financial share that works for your budget and pay an affordable monthly fee to us for the bit you haven't bought. You need a smaller deposit, as it's based on the price of the share you buy, rather than the full value. And, just like owning outright, when you want to move on you simply sell your share for its market value at that time. Or, when you're ready, you can buy more shares...until it's all yours.
Initially you can buy between 25-75%, according to what you can afford. Some round-number examples, based on a home with a full market value of £425,000:
25% share = £106,250 (A 10% deposit would be £10,625; your monthly mortgage £532* and your monthly fee £730 = £1262/month)
50% share = £212,500 (A 10% deposit would be £21,250; your monthly mortgage £1064* and your monthly fee £487 = £1551/month)
75% share = £318,750 (A 10% deposit would be £31,875; your monthly mortgage £1595* and your monthly fee £243 = £1838/month)
It really works, with hundreds of thousands of people across the country having already bought their home this way.
Our experienced, professional team is here to ensure that things go as smoothly as possible. Call us 9-5 Monday-Friday, or email us anytime, to discuss how it could work for you.
For further information go to www.buywithisha.co.uk
*Based on a mortgage rate of 5.79% and term of 35 years. Please note, rates and criteria vary. A service charge is payable in addition to the above.
Key Features
- Attractive new development
- Access-all-areas location
- Range of styles & positions – for more details visit www.buywithisha.co.uk
- Courtyard garden
- Balcony to all apartments
- White gloss, handle-less kitchen furniture
- Integrated appliances, washer-dryer, dishwasher cupboard space
- Flooring throughout
- Secure entry
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan BrochureMap
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 25%, full price £425,000, £5,313 Min Deposit. Calculated using a representative rate of 5.26%
