2 bedroom apartment for sale
Danube Close, Edmonton, N9 0GX
Share percentage 40%, full price £275,000, £5,500 Min Deposit.
Share percentage 40%, full price £275,000, £5,500 Min Deposit
Monthly Cost: £1,060
Rent £328,
Service charge £119,
Mortgage £613*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Edmonton, Middlesex
Description
Modern and spacious two-bedroom apartment now available in Edmonton through Shared Ownership.
The property comprises a wide living room with a Juliet balcony, a semi-separate kitchen, and two bedrooms with a shared bathroom. This could be ideal for a couple or a small family.
Off-street allocated parking is available, as well as a shared garden area.
Available for £110,000 for 40% share based on the marketing figure of £275,000.
Monthly rent - £328.36
Monthly Service Charge - £119.17
Total Monthly Charge - £447.53 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe property is conveniently located within a reasonable travelling distance of local shopping, transportation, and recreational facilities. It is in close proximity to various amenities, including restaurants and a 24-hour supermarket. Additionally, there are both small and major schools nearby, as well as North Middlesex Hospital.
Transport links are excellent, with Angel Road train station and Tottenham Hale Underground station on the Victoria Line, providing access to central London. Local bus services also run towards Tottenham Hale and Enfield. For those driving, the property is easily accessible from major roads such as the A10, M25, and M11.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 174
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.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Current Term is 83 years will extend to 174 yrs upon completion.
Key Features
- Two-bedroom apartment
- Juliet balcony
- Allocated parking
- Modern building (2008)
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
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: n/a
Outside Space/Garden: n/a
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 40%, full price £275,000, £5,500 Min Deposit. Calculated using a representative rate of 5.03%
