1 bedroom apartment for sale
The Exchange, Crouch End Hill, N8 8DF
Share percentage 50%, full price £385,000, £9,625 Min Deposit.
Share percentage 50%, full price £385,000, £9,625 Min Deposit.
Monthly Cost: £1,888
Rent £657,
Service charge £159,
Mortgage £1,072*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Haringey, London
Description
This cozy, vibrant, well decorated one bedroom apartment is now available in North London through Shared Ownership.
The property on the second floor comprises an entrance hall, a living room with a modern open plan kitchen, one double bedroom and a bathroom.
Outside, there is off street parking and communal grounds, perfect for couples or a single person.
Available for £192,500 for 50% share based on the marketing figure of £385,000.
Monthly rent - £656.91
Monthly Service Charge - £159.03
Total Monthly Charge - £815.94 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThis property is located in Crouch End, North London. East of Highgate and South of the Alexandra Palace.
There are many local amenities close by, including a doctors surgery, shops, leisure centres, supermarkets and restaurants.
Crouch Hill Overground station is a 15 minute walk from the property. From Crouch hill, one can be in Kings Cross station in under 30 minutes. Perfect for commuters.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 169
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
- One-bedroom apartment
- Off street parking
- Communal garden
- Great travel links
- Available for 50% 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 50%, full price £385,000, £9,625 Min Deposit. Calculated using a representative rate of 5.03%
