£66,250
2 bed flat for saleMethven Court, Edmonton, London N9
2 beds
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
Two-bedroom apartment
Eighth floor
Private balcony
Study & storage rooms
Available for 25% share
5% minimum deposit only
This bright, modern, two-bedroom apartment is now available in Edmonton through Shared Ownership.
The property is on the eighth floor and offers a fantastic view of the town. The flat comprises an entrance hall with storage cupboards, a living room with access to a private balcony, a semi-separate modern fitted kitchen, two bedrooms, and a bathroom; there's also a small study or additional storage room.
Perfect for couples and small families.
Available for £66,250 for 25% share based on the marketing figure of £265,000.
Monthly rent - £520.63
Monthly Service Charge - £242.78
Total Monthly Charge - £763.41 plus mortgage required for 25% share.
An annual rent increase takes place every April
Location
Methven Court is in the heart of Edmonton, with the railway and overground station just minutes away, and a shopping centre just next door.
All amenities are well within walking distance, with shops, restaurants, large supermarkets, and a hospital nearby.
Road travel is also relatively convenient, thanks to the A10 nearby and the M25 motorway only 20 minutes away.
Plenty of natural green areas nearby, such as the William Girling Reservoir or Pymmes Park.
EPC rating
Energy rating band - B
Environmental impact band - C
Other information
This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.
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.
More information
Tenure
Leasehold (106 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
25%