2 bedroom apartment for sale
Beveridge Court, Pennington Drive, N21 1SY
Share percentage 50%, full price £345,000, £8,625 Min Deposit.
Share percentage 50%, full price £345,000, £8,625 Min Deposit.
Monthly Cost: £1,512
Rent £415,
Service charge £114,
Mortgage £983*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in London, Greater London
Description
This spacious two-bedroom apartment, with an entrance on the ground floor, is in North London and available for sale through Shared Ownership.
This property comprises a living room, a separate kitchen, two bedrooms, and a bathroom with shared communal areas, including a communal parking area. This apartment is perfect for couples and small families.
The apartment is located in North London, Pennington Drive, Highlands Village. Several transport links exist, such as Enfield Chase Station, Grange Park Station, and Winchmore Hill Station.
From Enfield Chase, one can be at the heart of London (London Bridge) in under an hour from the Great Northern Line.
Schools are close to the property, making this apartment a perfect location for raising children.
Available for £172,500 for 50% share based on the marketing figure of £345,000.
Monthly rent - £415.47
Monthly Service Charge - £113.70
Total Monthly Charge - £529.17 plus mortgage required for 50% share.
An annual rent increase takes place every April
EPC ratingEnergy rating band - D
Environmental impact band - D
Gross internal floor area: 61 m²
Living room: 4.09 x 3.94 m
Kitchen: 4.09 x 1.93 m
Bedroom 1: 4.17 x 2.74 m
Bedroom 2: 3.91 x 2.72 m
Years remaining on lease: 162
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
- Two bedrooms
- Communal parking spaces
- Schools nearby
- Good transport links
- 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 £345,000, £8,625 Min Deposit. Calculated using a representative rate of 5.26%
