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1 bedroom apartment for sale

Available

Tivoli Road, Crouch End, London, N8 8RE

£210,000 · Shared Ownership Resale

Share percentage 50%, full price £420,000, £21,000 Min Deposit.

Available
1 bedroom
1 Bathroom
Patio
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£210,000 Shared Ownership Resale

Share percentage 50%, full price £420,000, £21,000 Min Deposit

Monthly Cost: £1,467
Rent £308, Service charge £117, Mortgage £1,042*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Summary

A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis

Description

Access to this ground-floor flat is via a private entrance leading to a south-west-facing reception room with a large window providing lots of natural light. Off the central hallway are a stylish bathroom, a built-in storage cupboard, a good-sized bedroom (currently sub-divided by a sliding panel) and an attractive, galley-style kitchen. A glazed door leads from the kitchen out to a small, private patio as well as to a communal parking area. Residents of the development each have a key to the car park gate and spaces are available on a first come, first served basis. There is also a pleasant, neatly-kept communal lawn. Tivoli Road is located just a few minutes from the excellent range of shops and other amenities clustered around Crouch End's Victorian clock tower. Priory Park, Crouch End Playing Fields and Shepherds Hill Gardens are close by and Alexandra Park and Highgate Wood only slightly further away. Hornsey Station (mainline trains in to Moorgate), Crouch Hill (London Overground) and Highgate (Northern Line) are all within walking distance or a brief bus/bike ride.

SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £420,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/2wh3wxzp]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Clarion.
Tenure: Leasehold (125 years from 03/10/2019).
Minimum Share: 50% (£210,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £307.73 per month (subject to annual review).
Service Charge: £116.97 per month (subject to annual review).
Ground Rent: £100.00 for the year.
Guideline Minimum Income: Dual - £53,000 | Single - £60,800 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Haringey. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).

Key Features
  • Guideline Minimum Deposit £21,000
  • Guide Min Income Dual £53k | Single £60.8k
  • Ground Floor with Private Entrance
  • Approx. 496 Sqft Gross Internal Area
  • Private Rear Patio plus Communal Lawn
  • Off-Street Parking (first come, first served)
  • Close to Shops, Bars, Restaurants
  • Walking Distance to Tube/Rail Stations
Particulars

Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Brochure
Map
Hornsey (0.77 miles) Highgate (0.86 miles) Crouch Hill (0.88 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - Off Street

Outside Space/Garden: Yes - Patio

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

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.

£210,000
Shared Ownership Resale
Estimated Monthly Cost:£1,467
Rent £308
Service Charge £117
Mortgage £1,042

Share percentage 50%, full price £420,000, £21,000 Min Deposit. Calculated using a representative rate of 4.42%


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.