2 bedroom apartment for sale

Under Offer

Davey Close, London, N13 4EX

£132,000 · Shared Ownership Resale

Share percentage 40%, full price £330,000, £6,600 Min Deposit.

Under Offer
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£132,000 Shared Ownership Resale

Share percentage 40%, full price £330,000, £6,600 Min Deposit.

Monthly Cost: £1,603
Rent £757, Service charge £94, Mortgage £752*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Summary

A 2 bed shared ownership property available in London, Greater London

Description

Spacious two-bedroom apartment now available in Palmers Green, North London, through Shared Ownership.

The property comprises a wide living room, a separate fitted kitchen, and two good-seize bedrooms. This could be ideal for a small family or couple.

The flat is on the ground floor and has allocated parking space.

Available for £132,000 for 40% share based on the marketing figure of £330,000.

Monthly rent - £756.69
Monthly Service Charge - £93.95
Total Monthly Charge - £850.64 plus mortgage required for 40% share.

An annual rent increase takes place every April

Location

The property is located on a popular modern residential estate close to the high street of Palmers Green and the train station. Central London can be reached in between half an hour to an hour, depending on the destination.

There is also an underground station not too far away; it's about 20 min on foot, but there's also a bus close to the flat that can lead you there in just a few minutes. From there, it's possible to take the Piccadilly Line.

There is also the A406 highway, making road travel convenient as well. From there you can reach the other main roads and motorways to travel in or out of London.

All local amenities are nearby, including a gym, a large supermarket and a pharmacy. There are also a few green areas within walking distance, such as Broomfield Park and Arnos Park.

Many schools are also present in the area, several of which are within walking distance.

EPC rating

Energy rating band - C
Environmental impact band - C

Layout and dimensions

Gross internal floor area: 61 m²
Living room: 4.85 x 3.30 m
Kitchen: 4.52 x 1.68 m
Bedroom 1: 4.19 x 2.87 m
Bedroom 2: 3.58 x 2.74 m

Lease information

Years remaining on lease: 967

The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

Key Features
  • Two-bedroom apartment
  • Ground floor
  • Fast travel to Central London
  • Allocated parking space
  • Available for 40% share
  • 5% minimum deposit only
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Palmers Green (0.25 miles) Bowes Park (0.64 miles) Bounds Green (0.76 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.

£132,000
Shared Ownership Resale
Estimated Monthly Cost:£1,603
Rent £757
Service Charge £94
Mortgage £752

Share percentage 40%, full price £330,000, £6,600 Min Deposit. Calculated using a representative rate of 5.26%


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.