Available

£100,000

Somerset Gardens, Tottenham, N17 8HB
Share 50% / Full price £200,000 / Min deposit £5,000

Apartment
1 bedroom
Not specified

SO Resi
02080229696
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Description

This bright, spacious one-bedroom apartment is now available in Tottenham through Shared Ownership.

The property on the third floor comprises an entrance hall, a living room, a modern separate kitchen, one double bedroom and a bathroom.

Outside, there is street parking available. Perfect for couples or singles.

Available for £100,000 for 50% share based on the marketing figure of £200,000.

Monthly rent - £389.61
Monthly Service Charge - £207.14
Total Monthly Charge - £596.75 plus mortgage required for 50% share.

An annual rent increase takes place every April

Location

This area is vibrant, with many different cultures and backgrounds. There are plenty of shops and local markets where you can find fresh food and unique items.

Parks like Tottenham Marshes offer a nice space for walks and picnics, making it easy to enjoy nature. The local transport system is good, so it is easy to travel to other parts of London.

There are also many schools and community centres, which help bring people together. You can find events and activities that make the neighbourhood feel alive and vibrant.

Living in Tottenham combines city life with a warm community spirit, making it a special place to call home. Whether you are walking, shopping, or relaxing in the park, there is always something to enjoy.

Lease information

Years remaining on lease: 955

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 information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

Description

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Key features

Material information

Floor plan
Local area information
My Places Include travel time from key places

You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

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.
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Monthly cost calculator
£100,000 Shared Ownership Resale Full price £200,000
Estimated monthly cost £1,140
£

How is this calculated?

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