1 bedroom apartment for sale

Available

Potash House, Canning Square, EN1 4BP

£154,000 · Shared Ownership Resale

Share percentage 55%, full price £280,000, £15,400 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£154,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 55%, full price £280,000, £15,400 Min Deposit.

Monthly Cost: £1,232
Rent £315, Service charge £167, Mortgage £750*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs

£
Eligibility

You will need to be earning a guidance income of £41,415. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,400. Total approximate savings required £19,400.

Important borough specific eligibility criteria

Enfield

All London applicants will be considered with priority given to people who live/work in the borough.

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

Second floor 1 bedroom apartment available through Shared Ownership - 55% Share £154,000 - Full Market Value £280,000

Description

SPECIFICATION

Ground Floor:Communal entrance hall and staircase.

Second Floor:

  • Hallway
  • Reception room/kitchen
  • Bedroom
  • Bathroom/WC
  • Balcony

External:

  • Allocated car parking space
  • Communal gardens

GIA

58 sqm

EPC rating

B

Length of lease

92 years remaining

Borough

Enfield

Key Features

Key Features

  • Private Balcony
  • Plenty of green spaces nearby

Local Transport

  • Enfield Town Overground – 1.2 miles
  • Turkey Street Overground – 1.6 miles
  • Gordon Hill Rail Station - 1.7 miles
  • Enfield Chase Rail Station - 1.7 miles
Particulars

Tenure: Leasehold
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Turkey Street (0.94 miles) Enfield Town (1.05 miles) Southbury (1.10 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 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.

£154,000
Shared Ownership Resale
Estimated Monthly Cost:£1,232
Rent £315
Service Charge £167
Mortgage £750

Share percentage 55%, full price £280,000, £15,400 Min Deposit. Calculated using a representative rate of 4.24%


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.