Studio apartment for sale
Cutler House - B3.03.07, N8 0FG
Share percentage 25%, full price £365,000, £4,563 Min Deposit.
Share percentage 25%, full price £365,000, £4,563 Min Deposit
Monthly Cost: £1,162
Rent £422,
Service charge £232,
Mortgage £508*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
3rd floor studio apartment offering 42 sq.m of internal floor area with outdoor space.
Description
Cutler House - Studio Apartment B3.03.07
3rd floor studio apartment offering 42 sq.m of internal floor area with outdoor space. Great connections - close to four Zone 3 stations. Just 10 minute walk to the iconic Alexandra Palace & Park.
Contact a member of our sales team now to view our new show home.
- Full Market Value: £365,000
- Shared Value (25%): £91,250
- Minimum deposit: £4,563
- Required income: £40,225
- Service charge pcm: £232
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%.
*Terms and conditions apply
Key Features
- 5% deposit
- 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 - Communal Garden
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 £365,000, £4,563 Min Deposit. Calculated using a representative rate of 5.03%
