2 bedroom apartment for sale

Under Offer

Delamare Road, EN8 9SL

£165,000 · Shared Ownership New Build

Share percentage 50%, full price £330,000, £8,250 Min Deposit.

Under Offer
2 bedrooms
2 Bathrooms
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£165,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £330,000, £8,250 Min Deposit.

Monthly Cost: £1,476
Rent £378, Service charge £158, Mortgage £940*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility
  • Priority must go to those who currently live and/or work in the Borough of Broxbourne.
  • You must be at least 18 years old.
  • Outside of London, your annual household income must be less than £80,000.
  • You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it.
  • You should not be able to afford to buy a home suitable for your housing needs on the open market.
  • You must show you are not in mortgage or rent arrears.
  • You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home.
Summary

Last remaining 2-bedroom apartments, register today!

Description

70% of homes are now reserved with the last few 1-bedroom apartments and only THREE 2-bedroom apartments remaining!

Our homes at The Quadra Apartments are ready to move into! Register your interest to find out how to arrange a viewing and reserve your new home.

Plot B.2.03 / Flat 111 is currently reserved, register your interest to find out about the remaining 2-bedroom apartments.

This home can be found on the second floor, is 63m2 and comprises 2 great-sized bedrooms with an en suite to bedroom 1, the main bathroom, open-plan living, and a private balcony.

‘To be eligible for one of these exciting new homes, you will need to have a total joint household income between £41,00 and £80,000.**

Perfect for first-time buyers looking to get on the property ladder, The Quadra Apartments at Cheshunt Lakeside will offer an exciting new collection of Shared Ownership homes for sale. A new residential neighbourhood, Cheshunt Lakeside forms part of a long-term placemaking masterplan set to bring shops, green open spaces and a new primary school to the area.

These properties are for sale through Shared Ownership and range from one-bedroom to three-bedroom apartments. The Shared Ownership homes are arranged around a shared landscaped courtyard and come with either a balcony or private terrace and allocated parking.

Scheme Information:

  • Annual service charge: £1,692
  • Service charge review period: Annually
  • Ground rent: £0

**Minimum incomes may vary. This is for guidance only and based on a 5% deposit, 5.5% interest rate, and 30-year mortgage.

Key Features
  • 999 year lease
  • Ready to move into
    EPC Rating: B
  • Private balcony or terrace to selected plots
  • Allocated undercroft parking
  • Electric charging points available with some homes
  • Communal landscaped courtyard
  • Part of an exciting wider regeneration plan
  • Planned new pedestrian and cycle routes
  • Close to Lee Valley Country Park
  • Less than 10 mins walk to Cheshunt station with trains to Liverpool Street station in 30 mins
Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: D

Property Downloads
Key Information Document Floor Plan Brochure Price List Energy Certificate
Map
Cheshunt (0.14 miles) Theobalds Grove (0.83 miles) Waltham Cross (1.24 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.

£165,000
Shared Ownership New Build
Estimated Monthly Cost:£1,476
Rent £378
Service Charge £158
Mortgage £940

Share percentage 50%, full price £330,000, £8,250 Min Deposit. Calculated using a representative rate of 5.26%


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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.