2 bedroom apartment for sale

Available

Braeburn Mansions, N8 0FA

£150,000 · Shared Ownership Resale

Share percentage 25%, full price £600,000, £15,000 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Floor plan
floor-plan
Floor plan
floor-plan
£150,000 Shared Ownership Resale

Share percentage 25%, full price £600,000, £15,000 Min Deposit.

Monthly Cost: £1,967
Rent £769, Service charge £437, Mortgage £761*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

Long Lease Term - Private Balcony - Energy Efficient

Description

Shared Ownership

Full Market Value: £600,000

Share Value (25%): £150,000

Monthly Rent: £768.99

Service Charge: £437.33

Council Tax Band: D

999 year lease commenced January 2021 - 995 years remaining

EWS1 - There is an EWS1 Certification Available and this is an A2 Rating.

L&Q welcomes you to view this two bedroom, first floor apartment.

Thisbright andspacious apartment consistsof astylishopen-plan kitchen and living area, flooded with natural light from wide floor-length windows, leading onto a private balcony. The kitchen is fitted with matt white wall and blue base units, with under-cupboard lighting, and a light oak effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, and extractor fan. Spacious main double bedroom benefitting from en-suitewith shower. Bright and airy second double bedroom. The bathroom comes complete with a white three-piece suite with a shower over bath and a white tile surround. Additional double storage cupboards in hallway. Allocated Parking Space.

A wealth of lifestyle and retail amenities close by and easy access to transport links into Central London means plentiful opportunities
for both businesses and entrepreneurs to flourish. This former gasholder site identified as part of the Haringey Heartlands Opportunity
Area is being transformed into a 12 acre cultural quarter.The development is built around nature, with a new park that helps connect the surrounding neighbourhoods, and plush green residential courtyards. Alexandra Palace has 196 acres of green space, Finsbury Park is nearby and Highgate Wood is a haven for walkers and runners. For fitness there are plenty of gyms, outdoor facilities in the parks and a local leisure centre, as well as plenty of routes to walk, run or cycle. Within walking distance of 4 stations: Wood Green and Turnpike Lane on the Piccadilly Line and Hornsey and Alexandra Palace on the mainline towards Kings Cross.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £73,034. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.comand register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of May 2024.

Key Features
  • Private balcony
  • Long lease term
  • Within building warranty
  • Communal gardens
  • En-suite to master bedroom
  • Additional storage cupboards to hallway
  • Good EPC rating - B
  • Excellent transport links
  • Allocated Parking
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Hornsey (0.33 miles) Turnpike Lane (0.44 miles) Wood Green (0.46 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£150,000
Shared Ownership Resale
Estimated Monthly Cost:£1,967
Rent £769
Service Charge £437
Mortgage £761

Share percentage 25%, full price £600,000, £15,000 Min Deposit. Calculated using a representative rate of 4.64%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.