3 bedroom apartment for sale
Mill House, 4 Canning Square, EN1 4BT
Share percentage 25%, full price £400,000, £10,000 Min Deposit.
Share percentage 25%, full price £400,000, £10,000 Min Deposit.
Monthly Cost: £1,430
Rent £799,
Service charge £144,
Mortgage £487*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
You will need to be earning a guidance income of £47,447. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,000. Total approximate savings required £14,000.
Important borough specific eligibility criteria
Enfield
All London Applicants will be considered, with priority given to Enfield Applicants.
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.
Summary
Three-bedroom apartment in the London Borough of Enfield available through shared ownership 25% share £100,000 full market value at £400,000
Description
Ground floor
- Lounge
- Kitchen
- Hallway
- WC
- Store
First floor
- Three bedrooms - 1 with balcony
- Hallway
- Store
External
- Allocatedcar space
- communal garden
GIA
102.77 Sq/m as per RICS Valuation
EPC rating
B
Lease Term
92 Years remaining
Borough
Enfield
Monthly Estimated Charges
Rent: £798.83
Service Charge: £144.26
Ground Rent: £18.75
Key Features
- Balcony
- Three bedrooms
- Communal Gardens
- Allocated parking
Local Transport
Turkey Street - 1.6 miles
Gordon Hill - 1.8 miles
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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 £400,000, £10,000 Min Deposit. Calculated using a representative rate of 4.24%
