2 bedroom apartment for sale
Coral Court, 3 Telford Road, N11 2RA
Share percentage 40%, full price £400,000, £16,000 Min Deposit.
Share percentage 40%, full price £400,000, £16,000 Min Deposit.
Monthly Cost: £1,786
Rent £751,
Service charge £223,
Mortgage £812*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £61,556. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,000. Total approximate savings required £20000.
Important borough specific eligibility criteria
Enfield
All London applicants will be considered, with priority given to Enfield applicants.
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
Beautiful two bedroom 2nd floor flat in the London Borough of Enfield available through shared ownership
Description
The is a well maintained 2-bedroom purpose built fourth floor flat located in Enfield, North London. The property is within reasonable travelling distance to the local shopping and transport facilities within the area.
Fourth floor
- Entrance Hallway
- Two Bedrooms
- Open plan sitting room and Kitchen
- Family Bathroom
External
- Allocated off street parking
- Private Terrace/Balcony
GIA
71.2 sqm
EPC rating
B
Length of lease
118 Years
Borough
Enfield
Key Features
- Gas Central heating
- Good transport links
Particulars
Tenure: Not specified
Council Tax Band: D
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 40%, full price £400,000, £16,000 Min Deposit. Calculated using a representative rate of 4.64%
