1 bedroom apartment for sale

Available

Academia Way, Haringey, N17 8HE

£165,750 · Shared Ownership Resale

Share percentage 65%, full price £255,000, £16,575 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£165,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 65%, full price £255,000, £16,575 Min Deposit.

Monthly Cost: £1,235
Rent £234, Service charge £160, Mortgage £841*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: you are at least 18 years old, Your annual household income is less than £90,000, You are unable to purchase a suitable home to meet your housing needs on the open market, You do not already own a property or you are in the process of selling your property
Summary

This fantastic 1-bedroom, flat with private parking, private balcony & secure bike storage is available in Haringey

Description

Property reference number: 1639032

Academia Way is a fantastic 1-bedroom with private parking, a private balcony, a communal garden & secure bike storage is available in Haringey. The lease remaining on the property is 109 years.

There are good transport links with White Hart Lane station a short walking distance to the home. Silver Street & Wood Green stations are also a bus ride away with great links to the city (22 minute train to Liverpool Street station). A great selection of amenities are located nearby including Sainsburys, White Hart Lane (WHL) football stadium, multiple bars/restaurants, green spaces.

For leisure & enjoyment, various restaurants, bars, cafes and shops are within walking distance including an abundance of green spaces (parks and recreation centres).

  • Nearest Station: Wood Green, White Hart Lane and Silver Street stations
  • Nearby bus routes: W3, 318, 279, 259, 349, 149 and 279

The property located on the ground floor comprises:

  • Living Room: Spacious lounge with open plan kitchen and newly fitted grey carpeted flooring. 
  • Kitchen:  Brown cupboards units with grey handles. Patterned kitchen worktop with stainless steel backsplash and freestanding appliances (Bosch washing machine, Zanussi oven & fridge/freezer). Grey vinyl flooring
  • Bedroom one:  Double bedroom with brown carpeted flooring. 
  • Bathroom: White suite comprising a large bath with shower head, partially tiled and a towel rail.
  • Outside: private parking, private balcony, communal garden & secure bike storage


What happens after I register my interest?

You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact href="https://enquiries@peabodynewhomes.co.uk">enquiries@peabodynewhomes.co.uk  and our team will be able to help you.

What is Shared Ownership?

Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more. 


Financial information

  • Tenure: Leasehold
  • Remaining lease term: 109 Years
  • Annual ground rent amount: £0
  • Annual service charge amount: £1,921.44
  • Service charge review period: No ground rent to pay until final staircasing
  • Council tax band: Band B
*Financial information correct as of 16.11.2023
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B

Property Downloads
Floor Plan Energy Certificate
Map
White Hart Lane (0.21 miles) Silver Street (0.56 miles) Bruce Grove (0.93 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.

£165,750
Shared Ownership Resale
Estimated Monthly Cost:£1,235
Rent £234
Service Charge £160
Mortgage £841

Share percentage 65%, full price £255,000, £16,575 Min Deposit. Calculated using a representative rate of 4.64%


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.