1 bedroom apartment for sale

Available

Eclipse House, Station Road, N22 6UX

£174,000 · Shared Ownership Resale

Share percentage 60%, full price £290,000, £8,700 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£174,000 Shared Ownership Resale

Share percentage 60%, full price £290,000, £8,700 Min Deposit.

Monthly Cost: £1,533
Rent £388, Service charge £153, Mortgage £992*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Summary

A 1 bed shared ownership property available in London, Greater London

Description

This modern and vibrant one-bedroom apartment is now available in North London through Shared Ownership.

The property comprises a living room, a separate kitchen, a bathroom, and one bedroom with a private balcony. This apartment is perfect for a single person or a couple.

It is located in Wood Green (Zone 3) within walking distance from the Wood Green Station on the Piccadilly Line. With convenient travel access to central London's hot spots such as London Bridge and Oxford Circus when taking the tube within 30 minutes.

The property is within the heart of Wood Green, with various restaurants, pubs, shops, and entertainment all within walking distance.

Available for £174,000 for 60% share based on the marketing figure of £290,000.

Monthly rent - £388.01
Monthly Service Charge - £153.42
Total Monthly Charge - £541.43 plus mortgage required for 60% share.

An annual rent increase takes place every April

Location

The property is close to local amenities, just a stone's throw away from the cinema and gym, which are located opposite Wood Green tube station, close to the stunning Alexandra Palace, and lots of restaurants and shops with the shopping mall in close proximity. The area is well served by transport links; Wood Green tube station is on the Picadilly line in walking distance from the flat and only 15 minutes from Central London.

EPC rating

Energy rating band - C
Environmental impact band - C

Layout and dimensions

Gross internal floor area: 48 m²
Living room: 4.65 x 3.65 m
kitchen: 3.05 x 2.01 m
Bedroom 1: 4.01 x 2.64 m

Lease information

Years remaining on lease: 107

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
  • One-bedroom apartment
  • Private balcony
  • Various local activities nearby
  • Great transport links
  • Available for 60% share
  • 5% minimum deposit only
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Wood Green (0.10 miles) Alexandra Palace (0.38 miles) Turnpike Lane (0.58 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.

£174,000
Shared Ownership Resale
Estimated Monthly Cost:£1,533
Rent £388
Service Charge £153
Mortgage £992

Share percentage 60%, full price £290,000, £8,700 Min Deposit. Calculated using a representative rate of 5.26%


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.