£128,000
2 bed flat for salePoppy Drive, London EN3
2 beds
1 bath
1 reception
- Shared ownership
- Pets allowed
- Leasehold
L&Q - Pre Owned Shared Ownership Homes
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About this property
Good location
Close to transport links
Two double bedrooms
Allocated parking
Shared ownership
Full market value - £320,000
You pay (40%) - £128,000
Monthly Rent - £445.90
Monthly Service Charge - £165.86
Annual Ground Rent - £100
125 year lease commenced in July 2010 (109 years remaining)
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Enter this dual aspect apartment via a hallway with storage. To your right find a large west facing open plan living area, which opens onto a garden area laid with a patio and lawn and with a back gate. The kitchen features high gloss units and incorporates some integrated appliances. The two double bedrooms, each with in-built storage, are east facing. A family bathroom with rainshower over the bath, completes the accommodation.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Within Easy Reach of all shops, Schools and amenities, bus routes & Southbury Train Station and Enfield Town Centre. Also within easy reach of A10 with access to the North Circular Road A406 and M25 Motorway. Close Ponders End High Street and Southbury br Station (serving London Liverpool Street)
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £44,810. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of November 2025.
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More information
Tenure
Leasehold (109 years)
Service charge
£166 per month
Council tax band
C
Ground rent
Ground rent date of next review