Hornsey Rise, Crouch End, Crouch End, N19 3DU

SHARED OWNERSHIP

Full market value - £530,000

You pay (40%) - £212,000

Monthly rent - £1025.55

Service charge - £267.94

Ground rent payable - £100 per annum

Council Tax Band- D

125 year lease commenced in June 2015 - 114 years remaining

New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

Make this home your own, enjoy a £500 B&Q Voucher on completion*

Enter this well proportioned apartment via a spacious entrance hall with two double storage cuboards. The open plan west facing reception room incorporates a modern kitchen with high gloss units and includes an integrated oven, hob and extractor, fridge/freezer and space for a washing machine. A private balcony is accessed from this room. The master bedroom includes an ensuite shower room and in-built storage. A second double bedroom faces the family bathroom making this apartment suitable for sharers.

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

Hornsey Rise is very well located to take advantage of all the shops, restaurants and amenities of Crouch End and Stroud Green. Transport is easily accessible with Crouch Hill Overground Station just minutes away and local bus routes to Finsbury Park and Archway Stations, which are an easy walk away. The Parkland Walk nature trail is close by, providing a pleasant green route for running and dog walking. Kenwood House (Hampstead Heath) and Alexandra Park are also within walking distance. Highly Ofsted rated Ashmount and Coleridge Primary schools are close by.

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 £87,733. 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 July 2025.

*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.