2 bedroom apartment for sale
Floral Court, 2 Lily Way, N13 4EF
Share percentage 25%, full price £435,000, £10,875 Min Deposit.
Share percentage 25%, full price £435,000, £10,875 Min Deposit.
Monthly Cost: £1,828
Rent £1,009,
Service charge £270,
Mortgage £549*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £61,249. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,875. Total approximate savings required £14,875.
Important borough specific eligibility criteria
Borough of Enfield
Priority will go to applicants with a connection to Enfield but all applicants can apply.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Two-bedroom second floor apartment in Enfield available through Shared Ownership 25% for £108,750.
Description
Internal
- Entrance hallway
- One bedroom with ensuite
- Two Bedroom
- Bathroom
- Kitchen and living room
- Utility room
External
- Terrace
- Private Balcony
Floor Area
72sqm
Lease Term
117 Years
EPC
B
Particulars
Tenure: Leasehold
Lease Length: 117 years
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 25%, full price £435,000, £10,875 Min Deposit. Calculated using a representative rate of 4.59%
