1 bedroom apartment for sale
Hillier Court, Well Grove, N20 9BN
Share percentage 75%, full price £375,000, £14,063 Min Deposit.
Share percentage 75%, full price £375,000, £14,063 Min Deposit.
Monthly Cost: £2,029
Rent £274,
Service charge £188,
Mortgage £1,567*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in London, Greater London
Description
Modern, well-presented, one-bedroom apartment now available for shared ownership. The property comprises an entrance hall with a storage cupboard leading to an open-plan kitchen and living room with great window lighting and access to a private balcony. There is then a large double bedroom andbathroom.
A car parkingspace is also allocated to the flat, and an additional permit can be given to allow a second car to park within the development. There are also electric charging points available for use within the shared car park.
Available for £281,250 for 75% share based on the marketing figure of £375,000.
Monthly rent - £274.31
Monthly Service Charge - £187.76
Total Monthly Charge - £462.07 plus mortgage required for 75% share.
An annual rent increase takes place every April
Layout and dimensionsGross internal floor area: 52 m²
Living room & kitchen: 6.93 x 3.81 m
Bedroom: 4.37 x 3.66 m
Years remaining on lease: 118
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.
EPC ratingEnergy rating band - B
Other informationKey Features
- One-bedroom apartment
- Private balcony
- Storage rooms
- Central London in 30 min
- Available for 75% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 75%, full price £375,000, £14,063 Min Deposit. Calculated using a representative rate of 5.03%
