Share percentage 25%, full price £495,000, £6,188 Min Deposit.
Monthly Cost: £1,752
Rent £851,
Service charge £196,
Mortgage £705*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
1 Bedroom Shared Ownership Apartment at Gadwall Quarter in Woodberry Down
Description
Join us at our Understanding Shared Ownership Event on Wednesday 15th May - 5-7pm. Find out more about how shared ownership works, speak to a financial expert and explore our new homes at Gadwall Quarter.
Discover an exquisite collection of Shared Ownership apartments in Woodberry Down
Gadwall Quarter blends modern living with natural serenity. The stunning shared ownership apartments are surrounded by lush greenery and nestled in the heart of Woodberry Down - a hidden gem in Zone 2.
This sought-after location grants easy access to London's cultural landmarks, entertainment venues, and shopping districts, ensuring you'll always have something new to explore. Whether you seek tranquillity in nature or excitement in the city, Woodberry Down offers it all.
Gadwall Quarter's architectural masterpiece captures contemporary aesthetics while drawing inspiration from its surroundings, seamlessly integrating into this vibrant community.
About Woodberry Down
Unveil the hidden treasures of Woodberry Down while having the entirety of London at your fingertips. At Woodberry Down, you’ll discover the perfect balance of location and lifestyle. Explore the vibrant local community, with its thriving parks, eclectic dining scene and range of amenities.
Manor House Station, a 5-minute walk away, and Stamford Hill Station, conveniently reachable within 13 minutes on foot, serve as your gateways to swift and efficient transport connections throughout London:
- Finsbury Park Station - 2 minutes
- King's Cross Station - 10 minutes
- Liverpool Street Station - 17 minutes
- London Bridge Station - 20 minutes
What is Shared Ownership?
Shared Ownership is a government-funded scheme designed to help people buy a home of their own. You buy a share of between 25% and 75% of the homes full market value and pay a subsidised rent on the remainder, with the option to increase the share you own when you can afford to (known as staircasing).
***Affordability and eligibility criteria apply.
**Estimated mortgage payments assume an interest rate of 6% using a 10% deposit over 30 years on a repayment basis. The actual interest rate can vary. The monthly rent is calculated at a 2.75% percentage of the value of the share that is not purchased. Service charge is only an estimate and may increase in future.
***Images and CGIs are for illustrative purposes only.
Key Features
The homes themselves have been designed with the demands of modern day living in mind, versatile, open-plan living spaces mean that you can create your perfect home office, while still having enough space to host guests.
Every home comes with integrated appliances to the kitchen and flooring throughout, plus a private outdoor space. Discover a home where you can escape after a long day and enjoy the scenic surroundings of Woodberry Down.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Key Information Document 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 25%, full price £495,000, £6,188 Min Deposit. Calculated using a representative rate of 5.26%
