£57,500

This cosy and well-located two bedroom apartment is now available in Edmonton, London through Shared Ownership.

The property on the seventh floor comprises an entrance hallway, living/kitchen area, two bedrooms and a bathroom.

Perfect for singles, couples or small families.

Available for £57,500 for 25% share based on the marketing figure of £230,000.

Monthly rent - £624.81
Monthly Service Charge - £242.78
Total Monthly Charge - £867.59 plus mortgage required for 25% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property is located in the heart of Edmonton town centre, offering convenient access to local amenities and excellent travel links into Central London.

Edmonton Green Bus Station is just a 3 minute walk away and provides connections to multiple bus routes. Edmonton Green train station is only a 2 minute walk from the property, offering London Overground services with journey times to Central London in approximately 25-29 minutes.

Right on the doorstep is a retail park with several major shops, including large supermarkets, a post office and a gym. The nearby shopping centre also offers a wide variety of shops and restaurants.

In addition, there are also several schools within an 11 minute walk or a short bus ride. Perfect for families with small children.

Energy rating band - C

Environmental impact band - B

Years remaining on lease: 108

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.