2 bedroom apartment for sale
Geary Court, N9 0TQ
Share percentage 30%, full price £265,000, £7,950 Min Deposit.
Share percentage 30%, full price £265,000, £7,950 Min Deposit.
Monthly Cost: £1,258
Rent £598,
Service charge £259,
Mortgage £401*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Good EPC Rating, Private Balcony, Lift Access
Description
Shared Ownership
Full Market Value: £265,000
Share Value (30%): £79,500
Monthly Rent: £597.61
Service Charge: £259.17
Council Tax Band: C
99 year lease commenced June 2007 - 81 years remaining
EWS1 certification is available for this property - B1 rating
L&Q welcomes you to view this two bedroom, third floor apartment.
Thisbright andspacioustwo bed apartment consistsof astylishopen-plan kitchen and living area, flooded with natural light from wide floor-length windows, with door leading to private balcony. The kitchen is fitted with beech wall and base units, with under-cupboard lighting, and a black effect worktop. The kitchen also benefits from integrated appliances including a oven, hob and extractor fan. Spacious bright and airy main double bedroom. Good size second double bedroom. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. Additional double storage cupboards in hallway. This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
In the heart of Edmonton Green shopping center and the local bus terminus everything you need is close at hand.
Located within walking distance is Edmonton Green London Overground and National Railway Station, which provides services to destinations such as Chestnut, London Liverpool Street and Enfield Town. North Middlesex University Hospital, Edmonton Green Shopping Centre and Jubilee Park all less than a 15-minutes away.
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 £47,296. If you are offered the home, 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 July 2024.
Key Features
- Private Balcony
- Electric heating (not tested)
- Good EPC Rating
- Lift Access
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £265,000, £7,950 Min Deposit. Calculated using a representative rate of 4.59%
