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1 bedroom apartment for sale

Available

Highbrook House, 49 Quayle Crescent, N20 0DY

£114,000 · Shared Ownership Resale

Share percentage 30%, full price £380,000, £5,700 Min Deposit.

Available
1 bedroom
1 Bathroom
£114,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £380,000, £5,700 Min Deposit

Monthly Cost: £1,527
Rent £583, Service charge £309, Mortgage £635*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Eligibility

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 one bedroom flat located on the ground floor.

Description

EPC rating - B

Council tax band - C

Lease – 125 years from commencement date 31-03-2017

Full market value - £380,000

30% share available at £114,000

Current rent PCM - £564.79

Current service charge PCM - £290.51

The flat comprises of a one bedroom purpose built ground floor flat within a part five, part six storey block containing around 41 units.

Key Information:

This property is bright and breezy throughout with a great sized living room and dining area.

Is decorated to a high standard throughout and benefits from wooden flooring

Modern style kitchen with plenty of cupboard space for your storage needs.

Benefits from a built in sink, dishwasher, washing machine, integrated fridge/freezer, oven and hob.

Bathroom has a bath with over the head shower, sink and toilet.

Good sized bedroom.

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The property is understood to be connected to mains electricity, water and drainage, heating is provided via a communal heating system

Accommodation comprises as follows:

Living/kitchen area, one bedroom and a bathroom.

Approximate gross internal floor area is 56m2

Benefits from a concierge and has a direct access to an external communal area but does not have any parking.

Location:

The property is within an area of mixed private and social housing.

Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Map
Totteridge & Whetstone (0.21 miles) Oakleigh Park (0.72 miles) Woodside Park (0.88 miles)
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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£114,000
Shared Ownership Resale
Estimated Monthly Cost:£1,527
Rent £583
Service Charge £309
Mortgage £635

Share percentage 30%, full price £380,000, £5,700 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.