2 bedroom apartment for sale

Available

Landsdowne Court, 161 Fairbridge Road, N19 3HS

£345,000 · Shared Ownership Resale

Share percentage 75%, full price £460,000, £34,500 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£345,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 75%, full price £460,000, £34,500 Min Deposit.

Monthly Cost: £2,102
Rent £264, Service charge £158, Mortgage £1,680*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

Spacious Two-bed (57m2), first floor apartment with balcony, now available in Islington.

Description

Viewings available | Once you have registered your interest, you will receive an email to book your viewing.

This well-proportioned, two-bedroom flat, located on the first floor in a five-storey apartment block has an approximate size of 57 sq. m. and the lease remaining on the property is 115 years.

There are good transport links with Archway station providing links to Central London. Local buses around Upper Holloway and Islington serve the area.

Local amenities are located 0.4 miles away along Holloway Road with Highgate Village within walking distance. For leisure and enjoyment, shops, bars and restaurants are near Archway, Crouch End and along Stroud Green Road.

  • Nearest Station: Archway
  • Bus routes nearby: Various bus routes into central London

The property located on the first floor comprises:

  • Entrance: Hallway with two storage cupboard and video phone entry system.
  • Kitchen: White high gloss wall units grey worktop and integrated Zanussi appliances in very good condition. Ample cupboard storage. Engineered oak wood flooring.
  • Living area: Bright and spacious living area with lots of natural light and doors to the balcony. Engineered oak wood flooring.
  • Bedroom one: Double bedroom. Carpeted flooring.
  • Bedroom two: Double bedroom. Carpeted flooring.
  • Bathroom: Cream bathroom suite with bath/shower, hand washbasin and WC. Tiled flooring.
  • Outside: Private balcony and secure cycle storage.

What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact href="mailto:peabody.resales@peabody.org.uk">peabody.resales@peabody.org.uk and our team will be able to help you.

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.

Financial information

  • Tenure: Leasehold
  • Remaining Lease Term: 115 Years
  • Annual ground rent amount: £250 p.a.
  • Ground rent review period: 1st April annually
  • Annual service charge amount: £1,898.04
  • Service charge review period: 1st April annually
  • Council tax band: Band D
Key Features
  • Available through Shared Ownership
  • Balcony
  • Beautifully presented
  • Great transport links
Particulars

Tenure: Leasehold
Council Tax Band: D

Property Downloads
Floor Plan Energy Certificate
Map
Upper Holloway (0.38 miles) Crouch Hill (0.38 miles) Archway (0.50 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.

£345,000
Shared Ownership Resale
Estimated Monthly Cost:£2,102
Rent £264
Service Charge £158
Mortgage £1,680

Share percentage 75%, full price £460,000, £34,500 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.