2 bedroom apartment for sale
Shaw House, 30 Queen Street, N17 8HU
Share percentage 50%, full price £300,000, £7,500 Min Deposit.
Share percentage 50%, full price £300,000, £7,500 Min Deposit.
Monthly Cost: £1,513
Rent £515,
Service charge £162,
Mortgage £836*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You have a gross household income of no more than £90,000 inner London/£80,000 outer London per annum when eligible to purchase - this will include all members of the household whether they have joined the application or not. An exception would be the income of children under 18 and any other household members whose residence in the home is unlikely to be permanent.
You are unable to purchase a suitable home to meet your housing needs on the open market.
Be a first time buyer, if you are indeed a current home owner we can consider your application if your property is under offer and is going through the legal conveyancing process, evidence of this will need to be provided.
Summary
Southern Housing are delighted to offer for sale this well-presented two bedroom flat located on the first floor.
Description
EPC rating - B
Council tax band - C
Lease – 125 years from commencement date 25-03-2006
Full market value - £300,000
50% share available at £150,000
Current rent PCM - £514.64
Current service charge PCM - £161.58
Landlords Deed of Certificate - N/A – under 11m
An EWS1 should not be required under the current guidance, however, the block does have timber decking to balconies which may require replacement
Key Features
Private parking space
Shared garden
Accommodation:
Hallway: 1.2m x 3.6m + 3.9m x 1.1m
Bedroom 1: 3.8m x 2.9m
Bedroom 2: 3.9m x 3m
Bathroom: 2.4m x 2m
Lounge/Kitchen: 5.5m x 3.6m + 2.4m x 3.5m
Balcony: (Unmeasured)
Gross Internal Floor Area: Approx. 67 SQ M
A purpose-built residential development. The building is of a concrete framed construction, double glazed windows, including heating and electricity.
The demised premise is located on the 1st floor, comprising of an open plan living and kitchen area, 2 bedrooms, bathroom, storage and a balcony
Particulars
Tenure: Leasehold
Lease Length: 106 years
Council Tax Band: C
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 £300,000, £7,500 Min Deposit. Calculated using a representative rate of 5.03%
