1 bedroom apartment for sale
Judd Apartments, Great Amwell Lane, N8 7NP
Share percentage 30%, full price £315,000, £4,725 Min Deposit.
Share percentage 30%, full price £315,000, £4,725 Min Deposit.
Monthly Cost: £1,250
Rent £575,
Service charge £149,
Mortgage £526*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Crouch End, London
Description
A modern, contemporary-designed one-bedroom apartment with a wall-length window in North London is available for Shared Ownership.
The property comprises an entrance hall, an open-plan living room with a fitted kitchen area with appliances, a master bedroom, a bathroom/WC, and a large storage cupboard.
There's off-street allocated parking and a shared garden area.
Available for £94,500 for 30% share based on the marketing figure of £315,000.
Monthly rent - £574.72
Monthly Service Charge - £149.37
Total Monthly Charge - £724.09 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationGreat Amwell Lane is part of a modern estate mainly comprising purpose-built flats in Hornsey in north London.
The property is located in a residential area. Turnpike Lane underground station and Hornsey station are within half a mile.
EPC ratingEnergy rating band - B
Environmental impact band - C
Years remaining on lease: 971
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
- Third floor
- Great transport links
- Off-street allocated parking
- 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 £315,000, £4,725 Min Deposit. Calculated using a representative rate of 5.03%
