1 bedroom apartment for sale
Potash House, Canning Square, EN1 4BP
Share percentage 55%, full price £280,000, £15,400 Min Deposit.
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
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 PlanMap
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 55%, full price £280,000, £15,400 Min Deposit. Calculated using a representative rate of 4.24%
