1 bedroom apartment for sale
Delamare Road, EN8 9FU
Share percentage 75%, full price £290,000, £10,875 Min Deposit.
Share percentage 75%, full price £290,000, £10,875 Min Deposit
Monthly Cost: £1,550
Rent £166,
Service charge £172,
Mortgage £1,212*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Priority must go to those who currently live and/or work in the Borough of Broxbourne.
- You must be at least 18 years old.
- Outside of London, your annual household income must be less than £80,000.
- You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it.
- You should not be able to afford to buy a home suitable for your housing needs on the open market.
- You must show you are not in mortgage or rent arrears.
- You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home.
Summary
Only ONE-bed apartments remain, shares from 25%! Register your interest to find out how to arrange a viewing.
Description
Only ONE-bed apartments remain, shares from 25%! Register your interest to find out how to arrange a viewing.
Our homes at The Quadra Apartments are ready to move into! Plot A.2.08 / Flat 16 can be found on the second floor, is 50m2, and comprises a great-sized bedroom, the main bathroom, open-plan living, and a private terrace.
To be eligible for one of these exciting new homes, your total household income can be from £29,000 per annum.**
Perfect for first-time buyers looking to get on the property ladder, The Quadra Apartments at Cheshunt Lakeside will offer an exciting new collection of Shared Ownership homes for sale. A new residential neighbourhood, Cheshunt Lakeside forms part of a long-term placemaking masterplan set to bring shops, green open spaces, and a new primary school to the area.
The Shared Ownership homes are arranged around a shared landscaped courtyard and come with either a balcony or private terrace and allocated parking.
Scheme Information:
- 1-bed starting shares: from 25%
- Annual service charge: £1,692
- Service charge review period: Annually
- Ground rent: £0
*Subject to mortgage affordability and deposit available.
**Minimum incomes may vary. This is for guidance only and based on a 5% deposit, 5.24% interest rate and 30 year mortgage.
Key Features
- Ready to move into
- 999 year lease
- Private balcony or terrace to selected plots
- EPC Rating: B
- Allocated undercroft parking
- Electric charging points available with some homes
- Communal landscaped courtyard
- Part of an exciting wider regeneration plan
- Planned new pedestrian and cycle routes
- Close to Lee Valley Country Park
- Less than 10 mins walk to Cheshunt station with trains to Liverpool Street station in 30 mins
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Brochure Price List Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - 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 75%, full price £290,000, £10,875 Min Deposit. Calculated using a representative rate of 5.03%
