1 bedroom apartment for sale
Coral Court, 9 Telford Road, N11 2RA
Share percentage 40%, full price £330,000, £13,200 Min Deposit.
Share percentage 40%, full price £330,000, £13,200 Min Deposit.
Monthly Cost: £1,443
Rent £623,
Service charge £150,
Mortgage £670*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £52,000. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£13,200. Total approximate savings required £17,200.
Important borough specific eligibility criteria
Enfield
All London applicants will be considered, with priority given to Enfield applicants.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
One-bedroom 4th floor flat in the London Borough of Enfield available through shared ownership
Description
The is a well maintained one-bedroom purpose-built 4th floor flat located in Arnos Grove, North London. The property is within reasonable travelling distance to the local shopping and transport facilities within the area.
Fourth floor
- Entrance hallway
- Lounge/Kitchen
- 1 bedroom
- Bathroom / WC
Externally
- Private balcony
GIA
56 sqm
Length of lease
118 Years
Borough
Enfield
Key Features
- Private balcony
- Gas Central heating
- Good transport links
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 40%, full price £330,000, £13,200 Min Deposit. Calculated using a representative rate of 4.64%
