1 bed Flat For Sale £150,600
Hornsey Street, London N7

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 one bedroom property set within a nine-storey apartment block. The accommodation comprises; open plan kitchen/reception room leading to a south east facing balcony, bedroom, bathroom and built-in storage area. The building benefits from lifts serving all floors, entry phone system and CCTV. There is also a communal roof terrace area at first floor level for the use of residents.

Property Value: £376,500
Minimum Share: 40%
Share Value: £150,600
Lease Term - 86 years (approx.)
Rent pcm - £390.97
Service charge pcm - £145.50
Gross internal area: 517sq.ft / 48sq.m

Holloway Road underground station (Piccadilly line) is moments away and there are numerous bus routes along Holloway Road providing excellent links to and from Highbury Corner, the City, Kings Cross and the West End.