2 bedroom apartment for sale
Cornflower Court, Ebony Crescent, EN4 8FL
Share percentage 50%, full price £450,000, £22,500 Min Deposit.
Share percentage 50%, full price £450,000, £22,500 Min Deposit
Monthly Cost: £2,211
Rent £770,
Service charge £305,
Mortgage £1,136*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Purpose built apartment close to Cockfosters Would suit sharers
Description
SHARED OWNERSHIP
Full Market Value: £450,000
Share Value (50%): £225,000
Monthly Rent: £769.87
Service Charge: £304.55
Ground Rent: £100 pa
Council Tax Band: E
125 year lease commenced September 2015 - 116 years remaining
EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B1 RATING- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.
L&Q welcomes you to view this two bedroom second floor apartment.
This bright and stylish apartment consists of a stylish multi aspect open-plan kitchen and living area, flooded with natural light from wide floor-length windows and door to private balcony. Each of the two double bedrooms overlook the balcony, the master having access to it, along with an en-suite shower room and fitted mirrored wardrobe. The second bedroom also benefits from built in storage. A contemporary family bathroom completes the accommodation.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Cornflower Court, on the Bolingbroke Park development, is situated minutes away from Cockfosters vibrant high street that has a great selection of top restaurants and bars, and Cockfosters Tube station is close to hand.
Trent Country Park's meadows, brooks, lakes and ancient woodlands are nearby as well as Monken Hadley Common, home to some unusual sculptures and links into the 10 mile Pymmes Brook Trail walk.
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 £82,262. If you are offered the home, 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 website www.lqhomes.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 March 2025.
Key Features
- Good transport links
- Integrated appliances
- Ample storage
- Communal heating
Particulars
Tenure: Leasehold
Lease Length: 115 years
Council Tax Band: E
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £450,000, £22,500 Min Deposit. Calculated using a representative rate of 4.59%
