£178,000
(£325/sq. ft)
1 bed flat for saleHighbury Stadium Square, London N5
1 bed
1 bath
548 sq. ft
EPC Rating: B
- Shared ownership
- Leasehold
Newlon Living - Resales
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About this property
Communal garden
If you are unable to buy a property outright on the open market, then Shared Ownership could be the ideal solution for you. It is a part-buy, part-rent scheme, which enables purchasers to buy an initial share of usually between 25% and 75% the value of the property and pay a subsidised rent on the remainder. A service charge may also be payable to cover the cost of communal maintenance. Shared Ownership properties are designed as a stepping stone to completely owning your own home, allowing you to buy as much as you can afford when you can afford it.
A resale is a Shared Ownership property that the current owner bought new from us or as a resale. Buying a resale property makes you an owner-occupier because you are buying at least the current owner's share on the existing lease. The great thing about choosing to buy a re-sale shared ownership property is that it gives you the opportunity to speak to the previous owner and to find out more about the area.
A well-presented one bedroom apartment located on the first floor within the highly desirable Highbury Stadium Square development. The apartment boasts spacious accommodation comprising of; entrance hallway, open plan kitchen/dining/lounge area, bathroom and double bedroom with built-in wardrobe. The building benefits from entry phone system, lifts serving all floors, bicycle storage area and residents have access to the gated, communal garden area at the centre of the Highbury Stadium Square development.
Property Value: £445,000
Minimum Share: 40%
Share Value: £178,000
Lease Term - 83 years (approx.)
Rent pcm - £643.66
Service charge pcm - £348.41
Gross internal area: 548 sq.ft / 50.9 sq.m
EPC Rating: B
Council Tax Band: D
Within easy walking distance of local bars, shops, cafes, restaurants, fitness studio/gym and local parks and conveniently situated for Arsenal (Piccadilly Line) underground tube station and Drayton Park (over ground) station.
More information
Tenure
Leasehold (83 years)
Service charge
£348 per month
Council tax band
D
Ground rent
Ground rent date of next review
Shared ownership percentage owned
40%
Shared ownership rent
£644 per month