3 bedroom apartment for sale
Lily Way, N13 4EF
Share percentage 25%, full price £550,000, £13,750 Min Deposit.
Share percentage 25%, full price £550,000, £13,750 Min Deposit.
Monthly Cost: £2,071
Rent £1,180,
Service charge £193,
Mortgage £698*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £73,500.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £13,750.Total approximate savings required £17,750.
Important borough specific eligibility criteria
Enfield
All London applicants will be considered. However, those living and working in the borough of Enfield will be given priority
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
3 Bedroom Apartment in Enfield with Outside Spaces and Parking
Description
Ground floor:
entrance hall
WC
kitchen, lounge and dining room leading to the terrace
1st Floor:
3 bedrooms
ensuite
bathroom with integral bath/shower
Outside:
The flat has an allocated, covered off-street parking space.
The flat has 3 terraces, 1 on the ground floor and 2 on the 1st floor.
GIA
102sqm
Length of lease
118 years remaining
Key Features
Transport
Bowes Park (0.38 miles)
Bounds Green (0.46 miles)
Palmers Green (0.55 miles)
Local Area
Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities.
Particulars
Tenure: Not specified
Council Tax Band: Not specified
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 25%, full price £550,000, £13,750 Min Deposit. Calculated using a representative rate of 4.64%
