1 bedroom house for sale
Magnetic Crescent, EN3 7FH
Share percentage 25%, full price £320,000, £4,000 Min Deposit.
Share percentage 25%, full price £320,000, £4,000 Min Deposit.
Monthly Cost: £939
Rent £425,
Service charge £58,
Mortgage £456*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
- Minimum salaries required are: £34,471 (joint), £38,471 (joint)
- Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage
- Applicants must be registered with Share to Buy - www.sharetobuy.com
- Applicants should have a live and/or work connection to the Enfield district
- Priority will be given to serving military personnel
Information correct as at November 2023
Summary
One bed mid terrace house with private garden - buy with just a 5% deposit*
Description
A fantastic opportunity to own this one bedroom mid terrace house, with private garden, which is available from just £80,000* through shared ownership.
The living/kitchen/dining area, fitted with wood effect flooring, has plenty of natural light from a set of french doors. The doors give access to a private rear garden providing useful outdoor space.
The kitchen is fitted with contemporary cream units with contrasting dark work surfaces and includes an integrated stainless steel cooker, hob, stainless steel extractor fan.
The bedroom is light and airy and provides plenty of flexible living space.
The bathroom is fitted with a modern white suite, integrated shower in the bath, glass shower screen, tiled floor and is fully tiled around the bath.
The house also benefits from a cloakroom and access to allocated parking.
It is located in close proximity to local schools and amenities and Enfield has a good range of retail, restaurants and leisure activities.
For commuters, there are direct train services from Enfield Lock station and there is easy access to the national road network via the M25.
Early viewing is highly recommended.
For further information please contactEmmanuel Abe
Key Features
- Buy with just a 5% deposit*
- One bedroom house
- Mid-terrace
- Cloakroom
- Private rear garden
- Allocated parking
- Fixtures and fittings to be agreed
- 113 years remaining on lease
- Close proximity to local schools and amenities
- Direct train services to London from Enfield Lock station
- Easy access to the national road network via M25
- Current energy efficiency rating: C, Potential: A
*terms and conditions apply
These particulars do not constitute any part of an offer or contract. Any intending purchaser must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Your home is at risk if you do not keep up rent and mortgage payments.
Particulars
Tenure: Leasehold
Lease Length: 113 years
Council Tax Band: C
Map
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 £320,000, £4,000 Min Deposit. Calculated using a representative rate of 5.26%
