1 bedroom apartment for sale
Delamare Road, EN8 9FU
Share percentage 50%, full price £297,500, £7,438 Min Deposit.
Share percentage 50%, full price £297,500, £7,438 Min Deposit.
Monthly Cost: £1,330
Rent £341,
Service charge £141,
Mortgage £848*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
- 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
At The Quadra Apartments, prices for Flat 16 start from £1,295 per month including service charge with a minimum deposit of £7,438!
Description
70% of homes are now reserved with the last few 1-bedroom apartments and only THREE 2-bedroom apartments remaining! Register your interest to find out how to arrange a viewing.
Our homes at The Quadra Apartments are ready to move into! Plot A.5.07/Flat 39 can be found on the fifth floor, is 50m2 and comprises a great-sized bedroom, the main bathroom, open-plan living and a private terrace.
To be eligible for one of these exciting new homes, you will need to have a total joint household income between £41,000 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:
- 999 year lease
- 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
- Ready to move into!
- Private balcony or terrace
- 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: C
Property Downloads
Key Information Document Floor Plan Brochure Price List Energy CertificateMap
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 £297,500, £7,438 Min Deposit. Calculated using a representative rate of 5.26%