£212,000
(£380/sq. ft)
2 bed flat for saleMurray Grove, London N1
2 beds
1 bath
558 sq. ft
EPC Rating: B
- Shared ownership
- Leasehold
Newlon Living - Resales
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About this property
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 newly decorated two bedroom apartment located on the first floor of a modern gated development. The accommodation comprises; hallway, open plan kitchen/reception room, two bedrooms, bathroom and balcony. The building has lift and stair access to all floors, secure bicycle storage and video entry-phone system.
Property Value: £530,000
Minimum Share: 40%
Share Value: £212,000
Lease Term - 171 years (approx.)
Rent pcm - £777.44
Service charge pcm - £214.15
Gross internal area: 558 sq.ft / 51 sq.m approx.
EPC Rating: B
Council Tax Band: D
Oakleigh Court is situated within walking distance of the fashionable Shoreditch with all its cafes, bars, restaurants and boutiques. With easy access to local bus routes and Old Street underground station providing fast public transport links to/from the City and West End.
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More information
Tenure
Leasehold (171 years)
Service charge
£214 per month
Council tax band
D
Ground rent
Ground rent date of next review
Shared ownership percentage owned
40%
Shared ownership rent
£777 per month