1 bedroom apartment for sale

Available

Magnus Heights, N8 0EL

£186,000 · Shared Ownership Resale

Share percentage 40%, full price £465,000, £18,600 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£186,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £465,000, £18,600 Min Deposit.

Monthly Cost: £1,824
Rent £667, Service charge £213, Mortgage £944*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if: You have a gross household income of no more than £90,000 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.

Summary

A stylish, well-maintained resale one-bedroom apartment is now available for Shared Ownership.

Description

A stylish, well-maintained resale one-bedroom apartment is now available for Shared Ownership. Priced at £186,000 for a 40% share, with a full market value of £465,000, this well-presented third-floor apartment offers both comfort and convenience.

This inviting one-bedroom apartment located next to the New River features a private balcony and an allocated undercover car parking space. Inside, you'll find a separate kitchen and living room. The kitchen boasts modern, high-gloss white fitted units with black laminate worktops and is fully equipped with essential appliances, including a fridge/freezer, dishwasher, hob, and oven.

The corridor and dining room have been upgraded with sleek flooring, enhancing the apartment's contemporary appeal. The balcony, accessible through the living room, offers a perfect spot to relax and enjoy the views. With a gross internal area of 63.7m², the apartment provides ample living space.

Additional features include double-glazed windows and a centralised hot water and heating system, contributing to the apartment's impressive energy efficiency rating of 'B'.

Area
Located within walking distance of Hornsey High Street and Crouch End Broadway, you’ll be welcomed by a close-knit and friendly community, growing assortment of independent retailers, wealth of exquisite eateries and wide selection of schools and amenities. Hornsey is full of family run restaurants and eateries, so you can still enjoy a home-cooked style meal while you’re out.

The hilly expanse and beauty of Alexandra Palace and park, complete with formal gardens, boating lake, deer enclosure, Sunday famers market and exceptionally stunning panoramic views, lies just to the north; while the New River, a historic artificial waterway sits cosily on your doorstep. Hornsey station serves the suburban hub of Haringey in north London. Situated in Travelcard Zone 3, the station has good links to the city, with trains reaching London King's Cross and Moorgate in less than 15 minutes.

Key Features

Quiet location away from roads next to the New River
Communal gardens with play area
Secure cycle storage
Fully-fitted kitchen
Storage room
Lift Access
Secure, gated development
Allocated undercover car parking space

Particulars

Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Hornsey (0.08 miles) Turnpike Lane (0.39 miles) Harringay (0.71 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.

£186,000
Shared Ownership Resale
Estimated Monthly Cost:£1,824
Rent £667
Service Charge £213
Mortgage £944

Share percentage 40%, full price £465,000, £18,600 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.