1/5
£268,125
4th Floor One Bedroom Apartment with Balcony
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.
SHARED OWNERSHIP one bedroom apartment available to purchase at a 75% share of £357,500 with a minimum 5% mortgage deposit of £8938. Call today to arrange your appointment to view.
A bright and modern one bedroom, 4th floor apartment in this sought after development in North London. This lovely apartment features an open plan living and kitchen area, a spacious double bedroom and a modern, contemporary bathroom. The apartment also benefits from a private balcony. Residents benefit from secure entry lift access and landscaped communal spaces all moments from Meridian Water station and local amenities. This lovely new apartment is ready to move into.
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: £357,500
75% share value: £268,125
5% deposit: £13,406
Monthly Rent on un-owned share £204.81
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 dressed images of the apartment.
Countrywide Shared Ownership - London & Essex
