1 bed Flat For Sale £150,000
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 double bedroom apartment located on the first floor of a modern purpose built development benefiting from contemporary fittings. The accommodation comprises of; hallway, open plan kitchen/reception room, bedroom, bathroom and a balcony accessed via the reception room. The building benefits from lift and stair access to all floors, bicycle storage area, secure door entry-phone system and the property has the use of a car park space.
Full Property Value: £250,000
Minimum Share: 60%
Share Value: £150,000
Lease Term - 93 years (approx.)
Rent pcm - £196.24
Service charge pcm - £208.29
Gross internal area: 536 sq.ft/ 49.8 sqm (approx.)
Hammond Court is conveniently situated on Watermill Lane in Enfield and is just a short walk to Silver Street station, which provides frequent services to and from the City, Central London and Seven Sisters. A variety of shops, cafes and restaurants can be found nearby and there are a number of bus routes close by serving the area. Road connections are excellent, being conveniently close to the A406 North Circular Road.
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 double bedroom apartment located on the first floor of a modern purpose built development benefiting from contemporary fittings. The accommodation comprises of; hallway, open plan kitchen/reception room, bedroom, bathroom and a balcony accessed via the reception room. The building benefits from lift and stair access to all floors, bicycle storage area, secure door entry-phone system and the property has the use of a car park space.
Full Property Value: £250,000
Minimum Share: 60%
Share Value: £150,000
Lease Term - 93 years (approx.)
Rent pcm - £196.24
Service charge pcm - £208.29
Gross internal area: 536 sq.ft/ 49.8 sqm (approx.)
Hammond Court is conveniently situated on Watermill Lane in Enfield and is just a short walk to Silver Street station, which provides frequent services to and from the City, Central London and Seven Sisters. A variety of shops, cafes and restaurants can be found nearby and there are a number of bus routes close by serving the area. Road connections are excellent, being conveniently close to the A406 North Circular Road.
