1 bed flat for sale

Clyde Road, London N15

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 well-presented one bedroom apartment located on the 2nd floor of a modern four storey apartment block. The accommodation comprises; hallway, open plan kitchen/reception room, bedroom, bathroom and balcony. The building benefits from lift and stair access to all floors and entry-phone system.

Property Value: £315,000
Minimum Share: 50%
Share Value: £157,500
Lease Term - 86 years (approx.)
Rent pcm - £295.19
Service charge pcm - £289.97
Gross internal area: 527 sq.ft / 49 sq.m approx.
EPC Rating: B
Council Tax Band: B
Ground rent p.a.: £150 (payable from final staircasing to 100% ownership, subject to review every 25 years)

Isobel Place is a quiet, gated development set behind the renovated Town Hall in the rapidly regenerating Tottenham Green/Seven Sisters area. A wide variety of shops can be found nearby together with numerous local bus routes. Seven Sisters Station (Victoria Line tube, London Overground and National Rail) is within easy reach.