£100,000
1 bed flat for saleSomerset Gardens, Tottenham, London N17
1 bed
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
One bedroom apartment
Modern kitchen
Street parking
Good travel links
Available for 50% share
5% minimum deposit only
This bright, spacious one-bedroom apartment is now available in Tottenham through Shared Ownership.
The property on the third floor comprises an entrance hall, a living room, a modern separate kitchen, one double bedroom and a bathroom.
Outside, there is street parking available. Perfect for couples or singles.
Available for £100,000 for 50% share based on the marketing figure of £200,000.
Monthly rent - £389.61
Monthly Service Charge - £207.14
Total Monthly Charge - £596.75 plus mortgage required for 50% share.
An annual rent increase takes place every April
Location
This area is vibrant, with many different cultures and backgrounds. There are plenty of shops and local markets where you can find fresh food and unique items.
Parks like Tottenham Marshes offer a nice space for walks and picnics, making it easy to enjoy nature. The local transport system is good, so it is easy to travel to other parts of London.
There are also many schools and community centres, which help bring people together. You can find events and activities that make the neighbourhood feel alive and vibrant.
Living in Tottenham combines city life with a warm community spirit, making it a special place to call home. Whether you are walking, shopping, or relaxing in the park, there is always something to enjoy.
Other information
How we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by so Resi and mtvh
You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
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 (955 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
50%