3 bedroom house for sale
Woodside Road, Wood Green, N22 5HS
Share percentage 50%, full price £625,000, £15,625 Min Deposit.
Share percentage 50%, full price £625,000, £15,625 Min Deposit.
Monthly Cost: £2,347
Rent £525,
Service charge £81,
Mortgage £1,741*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Wood Green, London
Description
Traditional and spacious three-bedroom semi-detached house now available in Wood Green, North London, through Shared Ownership.
The property is over two storeys, and the ground floor comprises a wide living room, a separate kitchen, a small utility room and access to a large private garden. Upstairs we can find the three bedrooms, a small toilet and a bathroom. This could be ideal for a family.
Available for £312,500 for 50% share based on the marketing figure of £625,000.
Monthly rent - £525.15
Monthly Service Charge - £81.13
Total Monthly Charge - £606.28 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe house is located in a tranquil residential area, less than 20 minutes away from the underground station, with Piccadilly Line available, and with all the amenities necessary within walking distance.
There are many schools just a few minutes away and several parks. Alexandra Palace, both the park and the railway station, is also just a little over a mile away.
EPC ratingEnergy rating band - E
Environmental impact band - E
Years remaining on lease: 99
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
- Three-bedroom semi-detached house
- Private rear garden
- Two storeys
- Great transport links
- Available for 50% 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 50%, full price £625,000, £15,625 Min Deposit. Calculated using a representative rate of 5.03%