Studio apartment for sale
Cutler House - B3.01.08, N8 0FG
Share percentage 25%, full price £360,000, £4,500 Min Deposit.
Share percentage 25%, full price £360,000, £4,500 Min Deposit.
Monthly Cost: £1,149
Rent £416,
Service charge £232,
Mortgage £501*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Reserve a selected home between 2-31 January and receive up to £500 towards your buying costs plus £500 in vouchers to use after you've moved in*
Description
Cutler House - Studio Apartment B3.01.08
Reserve a selected home between 2-31 January and receive up to £500 towards your buying costs plus £500 in vouchers to use after you've moved in*
Ground-floor studio apartment offering 40 sq.m of internal floor area with outdoor space. Ready to move into. Available with just 5% deposit. Integrated appliances, flooring included & private terrace. Great connections - walking distance from four Zone 3 stations, including the Piccadilly line. Just 10 minute walk to the iconic Alexandra Palace & Park. View today!
Contact a member of our sales team now to view our new show home.
- Full Market Value: £360,000
- Shared Value (25%): £85,500
- Minimum deposit: £4,531
- Required income: £39,645
- Service charge pcm: £232
Please note parking is not available with this apartment.
About L&Q at Alexandra Gate
Discover L&Q at Alexandra Gate. A collection of Shared Ownership apartments just a short walk from North London's iconic Alexandra Palace and park.
Located in a beautifully designed 12-acre city village, perfectly placed between Alexandra Palace, Turnpike Lane, Hornsey and Wood Green. Landscaped gardens feature throughout the development, at the centre lies a one-acre park, complete with children's play area and tranquil water feature. Benefit from fantastic connections across the capital and beyond with four key Zone 3 stations on your doorstep.
You'll be spoilt for choice with things to see and do living at Alexandra Gate. A short walk are the shops, bars, cafés and restaurants of Wood Green. Crouch End and Muswell Hill are just a mile away, offering a different vibe with independent and boho-chic shops, coffee shops and restaurants, antique fairs, parklands and old fashioned pubs to explore.
Book a visit today!
Shared Ownership with L&Q Alexandra Gate
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%.
L&Q terms and conditions apply. *Incentive terms and conditions apply. Offer is available on selected Shared Ownership properties only. Incentive amount is based on the property type and development. The buying cost will be paid by way of deduction from monies due at completion of the purchase. For full terms and conditions visitlqhomes.com/offers. Shared Ownership terms and conditions apply. Prices start from £84,375 for a 25% share of a studio apartment at L&Q at Alexandra Gate. Full market value of £337,500. Please visitlqhomes.com/sharedownershipfor more information.
Key Features
- Reserve a selected home between 2-31 January and receive up to £500 towards your buying costs plus £500 in vouchers to use after you've moved in*
- Available with 5% deposit
- Integrated appliances & flooring included
- Private balcony
- Secure cycle storage
- Pet friendly environment
- 10 minute walk to the iconic Alexandra Palace & Park
- Landscaped communal areas
- Short walk to 2 Piccadilly line stations - Turnpike Lane & Wood Green
- Short Walk to 2 overground stations - Alexandra Palace & Hornsey
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £360,000, £4,500 Min Deposit. Calculated using a representative rate of 5.03%
