£137,500
1 bed flat for salePennington Drive, Winchmore Hill, London N21
1 bed
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
One bed apartment
Modern kitchen
Off-street parking
Good travel links
Available for 50% share
5% minimum deposit only
This bright, colourful, well-decorated one-bedroom apartment is now available through Shared Ownership in North London, Winchmore Hill.
The property on the first floor comprises an entrance hall, a living room, a separate fitted kitchen, one double bedroom and a bathroom.
Outside, there is off-street parking perfect for couples or singles.
Available for £137,500 for 50% share based on the marketing figure of £275,000.
Monthly rent - £392.26
Monthly Service Charge - £168.26
Total Monthly Charge - £560.52 plus mortgage required for 50% share.
An annual rent increase takes place every April
Location
Living in London can be a wonderful experience. This area, known as Winchmore Hill, is a friendly and peaceful neighbourhood. It has beautiful green spaces like parks where families can enjoy picnics and children can play. The community is welcoming, with local shops, cafes, and restaurants offering various tasty foods. Public transport is convenient, making it easy to travel to central London for work or fun.
There are good schools nearby, which is excellent for families with kids. Winchmore Hill has a mix of cultures in London, which adds to the charm, as people from different backgrounds live and work together. Overall, living in Winchmore Hill gives you a nice balance of city life and a cosy community feel, making it a nice place to call home.
EPC rating
Energy Rating Band - C
Environmental Impact Band - C
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.
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More information
Tenure
Leasehold (161 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
50%