£137,500
(£125/sq. ft)
3 bed flat for saleStation Road, London N17
3 beds
2 baths
1,097 sq. ft
EPC Rating: B
- Shared ownership
- Leasehold
Newlon Living - Resales
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About this property
Roof terrace
Balcony
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 charming three bedroom apartment located on the second floor of a modern purpose built block. The accommodation comprises; hallway, open plan kitchen/reception room, three bedrooms, ensuite, bathroom and a balcony. The building benefits from lifts serving all floors, secure door entry phone system, bicycle storage area and a communal roof garden on the 7th floor.
Property Value: £550,000
Minimum Share: 25%
Share Value: £137,500
Lease Term - 247 years (approx.)
Rent pcm - £925.86
Service charge pcm - £377.17
Gross internal area: 1,097 sq.ft / 102 sq.m approx.
EPC Rating: B
Council Tax Band: D
A variety of food outlets and retail stores at nearby Tottenham Hale Retail Park is a few minutes away. Numerous bus routes, over ground and underground stations available at Tottenham Hale Station providing quick links to Liverpool Street, Central London, King’s Cross, Euston, Victoria and further afield including Cambridge and Stansted Airport.
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More information
Tenure
Leasehold (247 years)
Service charge
£377 per month
Council tax band
D
Ground rent
Ground rent date of next review
Shared ownership percentage owned
25%
Shared ownership rent
£926 per month