2 bedroom apartment for sale
Methven Court, The Broadway, N9 0TP
Share percentage 40%, full price £295,000, £5,900 Min Deposit.
Share percentage 40%, full price £295,000, £5,900 Min Deposit.
Monthly Cost: £1,389
Rent £473,
Service charge £259,
Mortgage £657*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Edmonton, London
Description
Modern & spacious apartment now available in Edmonton, North London, through Shared Ownership.
This two-bedroom flat is on the top floor, offering a comfortable living space that includes an open-plan sitting room and kitchen, alongside a main bedroom and a second bedroom. The family bathroom completes the layout.
Constructed in 2006, the building features traditional brickwork and a concrete frame, with a modern flat roof.
Located on the eighth level, the apartment provides a sense of privacy and enjoys natural light.
Methven Court is a practical choice for those seeking a straightforward, modern living space.
Available for £118,000 for 40% share based on the marketing figure of £295,000.
Monthly rent - £472.89
Monthly Service Charge - £259.26
Total Monthly Charge - £732.15 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe property boasts a prime location on Broadway, positioned just south of Edmonton Green in Edmonton. It offers easy accessibility to key areas and amenities.
Directly west of the property, you'll find the A10, providing excellent road connectivity. To the south, the north circular road extends, further enhancing the property's accessibility. Enfield is located immediately to the north, offering a blend of residential, commercial, and leisure facilities.
Heading south from the property, you will find yourself in the vibrant areas of Tottenham, Wood Green, and Walthamstow, each known for their distinct character and amenities. The M25, to the north, ensures that you're well-connected for wider travel.
For those who rely on public transportation, the nearby Silver Street, Bush Hill Park, and Bruce Grove Stations offer several good transport networks, making it incredibly convenient to navigate the city and beyond.
EPC ratingEnergy rating band - C
Environmental impact band - C
Gross internal floor area: 65.5 m²
Living room: 4.80 x 3.96 m
Kitchen: 2.82 x 2.64 m
Bedroom 1: 4.80 x 3.02 m
Bedroom 2: 4.80 x 2.16 m
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.
Key Features
- Two-bedroom apartment
- Eighth floor
- Storage rooms
- Close to train station
- Available for 40% 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 40%, full price £295,000, £5,900 Min Deposit. Calculated using a representative rate of 5.03%