£100,000
(£167/sq. ft)
1 bed flat for sale
700 High Road, London N171 bed
1 bath
598 sq. ft
EPC Rating: B
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an "affordable rent" on the share you don't own.
Key information
Tenure
Leasehold (88 years)
Service charge
£305 per month
Council tax band
C
Ground rent
£150
Ground rent date of next review
Ground rent review period
Every 25 years
Shared ownership percentage owned
40%
Shared ownership rent
£476 per month
About this property
Communal garden
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 charming one bedroom apartment located on the first floor of a residential development. The accommodation comprises; hallway, open plan kitchen/reception room, bedroom, bathroom, and a balcony accessed via the reception room. The building benefits from a small communal garden, secure door entry system and bicycle storage shed.
Property Value: £250,000
Minimum Share: 40%
Share Value: £100,000
Lease Term - 88 years (approx.)
Rent pcm - £475.73
Service charge pcm - £305.35
Gross internal area: 598 sq.ft / 55.6 sq.m
EPC Rating: B
Council Tax Band: C
John Cameron Court is situated in a convenient location, close to a large selection of independent and high street shops. The area is well served by nearby bus routes and by Overground trains from both White Hart Lane and Bruce Grove stations providing convenient public transport links to and from Liverpool Street/the City, Central London and the West End.
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