2 bedroom apartment for sale
Somerset Hall, Creighton Road, N17 8SH
Share percentage 40%, full price £265,000, £10,600 Min Deposit.
Share percentage 40%, full price £265,000, £10,600 Min Deposit.
Monthly Cost: £1,179
Rent £464,
Service charge £177,
Mortgage £538*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Located in Somerset Hall, this apartment is within walking distance to White Hart Lane Station.
Description
Full Market Value: £265,000
You pay (40%): £106,000
Monthly Rent:£463.67
Service Charge: £176.75
Annual Ground Rent: N/A
Council Tax Band: D
99year lease commenced in March 2006 - 81 years remaining
EWS1 -EWS1 certification status for this property is the responsibility of a third party and is currently unknown. More information on EWS1 certificates can be found on the LQ Group website by searching "EWS1"
This bright and spacious apartment is located in the much sought after Somerset Hall development and is in easy reach of a range of local green spaces including Bruce Castle Park and Lordship Recreation Ground, as well as offering quick and easy access to both the A10 and A406. This property benefits from 2 good-size bedrooms, walk in wardrobe to the main bedroom, family bathroom with a generous open plan kitchen/Dining/living room area, plenty of storage cupboards, entry phone system and well maintained communal gardens.
Conveniently located to access White Hart Lane over ground (Liverpool Street St in 20 Mins approx.) and close to other amenities, as well as bus routes direct into central London.
There is plenty for you to do in the area thanks to the regeneration of the new and amazing White Hart Lane Tottenham Hotspur Stadium (completed in 2019) which will be the biggest in London with New River Sports Centre.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £44,439. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our websitelqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of January 2024.
Key Features
- Generous L-shaped living/dining/kitchen
- One double and one single bedroom
- Family bathroom and additional cloakroom
- Good storage including fitted wardrobe to main bedroom
- Electric space heating
- Right to park in allocated space
Particulars
Tenure: Leasehold
Lease Length: 81 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
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 40%, full price £265,000, £10,600 Min Deposit. Calculated using a representative rate of 4.64%
