1 bedroom apartment for sale
Windsor Court, Avenue Road, N15 5JQ
Share percentage 50%, full price £230,000, £5,750 Min Deposit.
Share percentage 50%, full price £230,000, £5,750 Min Deposit.
Monthly Cost: £936
Rent £186,
Service charge £95,
Mortgage £655*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in London, Greater London
Description
Traditional refurbished studio now available in North London with Shared Ownership.
The flat comprises a large studio room, a separate kitchen and a bathroom. There is allocated parking available and communal areas.
The property is located in South Tottenham, North London (Zone 3), and just minutes from the underground and overground stations. Liverpool Street can be reached in about half an hour with direct train.
The flat is in a residential area where all local amenities are nearby, with restaurants, pubs and shops on the high streets. A large hospital is also a few minutes' walk from the house.
Available for £115,000 for 50% share based on the marketing figure of £230,000.
Monthly rent - £185.75
Monthly Service Charge - £95.34
Total Monthly Charge - £281.09 plus mortgage required for 50% share.
An annual rent increase takes place every April
EPC ratingEnergy rating band - C
Layout and dimensionsGross internal floor area: 32 m²
Studio: 6.40 x 3.48 m
Kitchen: 2.74 x 1.63 m
Years remaining on lease: 956
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.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Key Features
- Studio apartment
- Separate kitchen
- Allocated parking
- Liverpool St in 30 min
- Available for 50% 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 50%, full price £230,000, £5,750 Min Deposit. Calculated using a representative rate of 5.26%
