2 bedroom apartment for sale
Highbrook House, 49 Quayle Crescent, N20 0DY
Share percentage 25%, full price £500,000, £6,250 Min Deposit.
Share percentage 25%, full price £500,000, £6,250 Min Deposit.
Monthly Cost: £2,282
Rent £1,252,
Service charge £334,
Mortgage £696*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Whetstone, London
Description
Bright and modern apartment now available in Whetstone, North London, through Shared Ownership.
The property was built in 2018 and comprises a wide living room, an open-plan fitted kitchen, and two bedrooms, one of them being ensuite; there's also a private balcony accessible from the living room. This could be ideal for a small family or a couple.
Allocated parking is available, along with shared garden areas.
Available for £125,000 for 25% share based on the marketing figure of £500,000.
Monthly rent - £1251.63
Monthly Service Charge - £334.36
Total Monthly Charge - £1,585.99 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe flat is located in a tranquil residential area and a stone's throw away from Whetstone's high street, with all shops, restaurants and general amenities available nearby.
There's also an underground station with Northern Line available, allowing to reach King's Cross in half an hour. Great for commuting.
There are several schools available nearby and within walking distance.
EPC ratingEnergy rating band - B
Environmental impact band - A
Years remaining on lease: 125
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
- Two-bedroom apartment
- Private balcony
- Ensuite bedroom
- Allocated parking
- Available for 25% 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 25%, full price £500,000, £6,250 Min Deposit. Calculated using a representative rate of 5.03%
