1 bedroom apartment for sale
Judd Apartments, Great Amwell Lane, N8 7NP
Share percentage 30%, full price £325,000, £4,875 Min Deposit.
Share percentage 30%, full price £325,000, £4,875 Min Deposit.
Monthly Cost: £1,255
Rent £563,
Service charge £149,
Mortgage £543*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Haringey, Greater London
Description
A modern one-bedroom apartment situated on a well-maintained development in Hornesy, North London is now available through shared ownership.
The first-floor property is bright and spacious. It comprises a sizeable living area with plenty of room for defined sitting and dining zones. The open-plan fitted kitchen offers ample storage and a one-and-a-half kitchen sink with pull-down mixer tap.
There is a good-sized private balcony for outside relaxation and dining, and beautifully maintained outside common areas. Both the bedroom and bathroom are well-proportioned, and the flat benefits from a roomy storage cupboard off the entrance hall.
In addition, the apartment comes with an allocated parking space in a secured underground car park, which is a real bonus. For bike riders, there is a secured cycle storage area on the ground floor. Recycling bins can be accessed on the lower ground floor.
Available for £97,500 for 30% share based on the marketing figure of £325,000.
Monthly rent - £562.96
Monthly Service Charge - £149.37
Total Monthly Charge - £712.33 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationThe property is ideally located in a tranquil residential area, at the foot of Alexandra Park, a 200-acre award winning, diverse landscape park, which hosts various events throughout the year, including a farmers market most weekends. It is also home to Alexandra Palace, a venue for concerts and sports events, and houses a theatre and ice skating rink.
Run out of something? No problem, there is a handy supermarket minutes away, on Hornsey High Street, where you can also find a range of pubs, cafes and shops and a post office.
Take the short walk into vibrant Crouch End, and you’ll find an array of bars, restaurants, bakeries and two independent cinemas. In 2023, it was voted the best place to live in London by the Sunday Times.
The area has excellent transport links. The railway stations of Alexandra Park, Hornsey, and Wood Green, and the underground stations such as Wood Green and Turnpike Lane (Piccadilly Line) are all within a 15-minute walk. Central London can be reached in about half an hour via public transport.
EPC ratingEnergy rating band - C
Environmental impact band - C
Years remaining on lease: 231
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.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Key Features
- One-bedroom apartment
- Private balcony
- Allocated parking
- Great transport links
- Available for 30% 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 30%, full price £325,000, £4,875 Min Deposit. Calculated using a representative rate of 5.03%