1 bedroom apartment for sale
L&Q at Clarendon - Cutler House - B3.02.07, Mary Neuner Road, N8 0FA
Share percentage 25%, full price £417,500, £10,438 Min Deposit.
Share percentage 25%, full price £417,500, £10,438 Min Deposit.
Monthly Cost: £1,163
Rent £365,
Service charge £271,
Mortgage £527*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Well connected 1 bedroom apartment just a short walk from the iconic Alexandra Palace & park. Four key Zone 3 stations within walking distance.
Description
Receive £500 towards buying costs*
Cutler House - B3.02.07
1 bedroom, 2nd floor apartment offering 51 sq.m of internal floor area with outdoor space. Ready to move into.
Contact a member of our sales team now to view our new show home.
- Full Market Value: £417,500
- Shared Value (25%): £104,375
- Minimum deposit: £10,438
- Required income: £38,108
- Service charge pcm: £271
Please note parking is not available with this apartment.
About L&Q at Clarendon
City living with open green space, enjoy the best of both worlds with L&Q at Clarendon. A collection of studio, 1, 2 & 3 bedroom apartments available with Shared Ownership.
Part of the 12-acre city village in the heart of North London, perfectly placed with an array of local amenities on the doorstep. Just a short walk from the iconic Alexandra Palace and a mile from Crouch End with its independent shops, restaurants, bars and vibrant streets to explore.
Landscaped gardens and open green spaces feature throughout Clarendon, including a one-acre park in the centre with a distinctive water feature which will sit in front of central square plaza with planned café, restaurants, and grocery store.
Ideally located with four Zone 3 stations within easy walking distance for connections across the capital and beyond. King's Cross St Pancras can be reached in just 14 minutes^ from Turnpike Lane tube station and Moorgate being only 20 minutes^ from Hornsey station.
Shared Ownership with L&Q
Under the Shared Ownership scheme, you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. As your income rises, you can increase the share you own until you eventually own 100%.
*Subject to availability. Incentive terms and conditions apply. For full terms and conditions visit lqhomes.com/terms-and-conditions. Shared Ownership terms and conditions apply. For more information please visit https://lqhomes.com/shared-ownership.
Key Features
- Ready to move into
- Receive £500 towards buying costs*
- Integrated appliances
- Private balcony
- Landscaped communal areas to enjoy
- Close to four Zone 3 stations - Turnpike Lane, Wood Green, Hornsey & Alexandra Palace
- Just 10 minute walk to Alexandra Palace & Park
- 10 minute walk to The Mall Wood Green and bustling High Road
- Pet friendly environment
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor PlanVideo Tour
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 25%, full price £417,500, £10,438 Min Deposit. Calculated using a representative rate of 4.59%
