2 bedroom house for sale
Craven Park Road, Stamford Hill, N15 6AB
Share percentage 65%, full price £725,000, £23,563 Min Deposit.
Share percentage 65%, full price £725,000, £23,563 Min Deposit.
Monthly Cost: £3,022
Rent £265,
Service charge £72,
Mortgage £2,685*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Stamford Hill, London
Description
Traditional & spacious two-bedroom mid-terraced house now available in Stamford Hill, North London through Shared Ownership.
The property comprises a reception room, a dining room, a separate kitchen, and a large private rear garden. On the first floor, there are two large bedrooms and a bathroom. This could be ideal for a small family.
Available for £471,250 for 65% share based on the marketing figure of £725,000.
Monthly rent - £265.49
Monthly Service Charge - £71.92
Total Monthly Charge - £337.41 plus mortgage required for 65% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area and is close to all amenities and South Tottenham's town centre.
There are numerous train stations, such as the overground at Stamford Hill and Seven Sisters and South Tottenham, as well as the underground at Seven Sisters (Victoria Line). Liverpool Street, in Central London, can be reached in about 20 minutes.
The property also benefits but its close position to green and natural areas, such as the Walthamstow Wetlands and Woodberry Wetlands.
Lease informationYears remaining on lease: 99
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 terraced house
- Large rear garden
- Two floors
- Great transport links
- Available for 65% share
- 5% minimum depoist 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 65%, full price £725,000, £23,563 Min Deposit. Calculated using a representative rate of 5.26%
