£81,250

SHARED OWNERSHIP

Full Market Value: £325,000

Share Value (25%): £81,250

Monthly Rent: £909.15

Service Charge: £324.85

Council Tax Band: D

125 year lease commenced May 2015 - 115 years remaining

EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B1/B2 RATING- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.

L&Q welcomes you to view this one bedroom, second floor apartment.

Offered for sale is this well presented one bedroom second floor apartment. Accessed via a well kept communal entrance, there is a large, open-plan kitchen/living/dining space leading directly on to a private balcony to the rear. The double bedroom benefits from built in mirrored wardrobe, in addition to a contemporary family bathroom. Allocated parking space.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Ottoman Court is conveniently located for easy access to transport links with Cockfosters Tube Station (Piccadilly Line) just 0.5 Miles away & is also just a short walk to Cockfosters High Street with numerous restaurants, bars & cafes available to enjoy at your leisure.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £61,216. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of February 2025.