2 bedroom apartment for sale
Davey Close, London, N13 4EX
Share percentage 40%, full price £330,000, £6,600 Min Deposit.
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
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
LocationThe 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 ratingEnergy rating band - C
Environmental impact band - C
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
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 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 40%, full price £330,000, £6,600 Min Deposit. Calculated using a representative rate of 5.26%