Available

£111,875

Meridian Way | Flat 31 Meadowpip House, 5 Vernal Way, N18 2FG
Share 25% / Full price £447,500 / Min deposit £5,594

Apartment
2 bedrooms
1 bathroom

Sign in to enquire

Monthly cost calculator


Summary

7th Floor Two-Bedroom Apartment with Concierge

Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Description

Situated on the 7th floor, this beautifully presented two-bedroom apartment offers stylish, contemporary living with high-quality finishes throughout.

The apartment features a sleek, handle-less kitchen finished in modern gloss cabinetry with Silestone worktops and matching upstands. A full range of integrated Bosch appliances includes oven, ceramic hob, extractor hood, fridge freezer, dishwasher and washer dryer, creating a streamlined and practical space ideal for everyday living and entertaining.

The open-plan living area and hallway benefit from attractive oak wood-effect flooring, while both bedrooms are finished with neutral carpeting for added comfort. The principal bathroom is elegantly designed with large-format Porcelanosa wall and floor tiles, contemporary sanitaryware, chrome fittings, glass shower screen and a mirrored vanity unit, creating a luxurious yet functional space.

Additional features include underfloor heating to all main areas (excluding bathroom), LED downlighting to living and wet areas, built-in wardrobes (where applicable), Sky Q and TV points, and a video entry system for added security. The apartment is covered by an NHBC guarantee for further peace of mind.

Residents benefit from excellent communal facilities including a 12-hour concierge service, secure bicycle storage within the undercroft parking area, and limited parking available by separate negotiation.

This superb seventh-floor apartment combines modern design, quality specification and convenience

Why rent when you could buy: Is it now time for you to start paying your own mortgage instead of someone else’s? Compare the average rent in your area with the monthly cost of a shared ownership home you could be pleasantly surprised.

Financial Breakdown:
Full market value: £447,500
25% share value: £111,875
5% deposit: £5968.75
Monthly Rent on un-owned share £769.14

What is Shared Ownership? If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

*Please note images used in this listing are for illustration purposes and are not exact to the property.

Description

Property information & downloads

Key features

Material information

Key Information Document Floor plan
Local area information
My Places Include travel time from key places

You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

Countrywide Shared Ownership - London & Essex
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.
Sign in to enquire
Monthly cost calculator
£111,875 Shared Ownership New Build Full price £447,500
Estimated monthly cost £1,597
£

How is this calculated?

Send enquiry to the seller