£95,000
1 bed flat for sale
Enfield N181 bed
1 bath
Added on
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 (999 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
25%
About this property
Private balconies or terraces to selected homes
Spacious open-plan living areas
Integrated Bosch appliances
Private balconies or terraces to selected homes
Landscaped communal spaces
Plot b-10/05 - 55m2
Offering 587 sq ft of well-designed living space, this contemporary one-bedroom apartment is ideal for first-time buyers and professionals alike. The home features a spacious open-plan kitchen, dining and living area, creating a bright and versatile space for relaxing and entertaining, with direct access to a private balcony. A generous double bedroom, modern bathroom and excellent built-in storage complete this thoughtfully designed apartment.
Available through Shared Ownership, so Resi Enfield provides an affordable route to homeownership in a vibrant North London location, with excellent transport links, local amenities and green open spaces close by.
Key features:
- One-bedroom apartment
- Open-plan kitchen, dining and living area
- Private balcony
- 587 sq ft (55 sq m)
- Contemporary bathroom
- Excellent storage throughout
- Available through Shared Ownership
Available for £95,000 for 25% share based on the marketing figure of £380,000.
Minimum deposit - £4,750
Estimated monthly mortgage cost - £455
Monthly rent - £653.13
Monthly Service charge - £217
Estimated Monthly cost - £1,326
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
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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