3 bedroom apartment for sale

Available

Mill House, 4 Canning Square, EN1 4BT

£100,000 · Shared Ownership Resale

Share percentage 25%, full price £400,000, £10,000 Min Deposit.

Available
3 bedrooms
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£100,000 Shared Ownership Resale · Eligibility Eligibility

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

£
Eligibility

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 Certificate
Map
Turkey Street (0.89 miles) Southbury (1.08 miles) Enfield Town (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.

£100,000
Shared Ownership Resale
Estimated Monthly Cost:£1,430
Rent £799
Service Charge £144
Mortgage £487

Share percentage 25%, full price £400,000, £10,000 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.