1 bedroom apartment for sale
Academia Way, N17 8HQ
Share percentage 50%, full price £290,000, £14,500 Min Deposit.
Share percentage 50%, full price £290,000, £14,500 Min Deposit.
Monthly Cost: £1,296
Rent £421,
Service charge £143,
Mortgage £732*
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 £46,263.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £14,500. Total approximate savings required £18,500.
Important borough specific eligibility criteria
All London Applicants will be considered, with priority given to Haringey applicants.
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
One bedroom, fourth floor flat in Haringey available through shared ownership 50% Share for £145,000. Full Market Value £290,000.
Description
Ground Floor
Entry Phone
Front Door to Communal Entrance Hall
Fourth Floor
Front Door
Entrance Hall Leading to Lounge/Kitchen
Bath/WC
Bedroom
Externally
Communal gardens.
Gross Internal Area
47 sqm
EPC
B
Length of lease
108 years remaining
Borough
Haringey
Key Features
The property is located close to local shops, Transport and Recreational facilities in the L B of Haringey.
Particulars
Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: Not specified
Map
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 50%, full price £290,000, £14,500 Min Deposit. Calculated using a representative rate of 4.59%
