Full description: shared ownership (Advertised price represents 50% share. Full market value £220,000). This south-facing, one-bedroom apartment is on the second floor and has a reception room with attractive flooring and a Juliette balcony. The kitchen is smart and open plan with a breakfast bar. There is a built-in wardrobe in the bedroom, useful additional storage in the hallway and a simple, monochrome bathroom. Well insulated walls, modern double glazing and gas central heating make for a very good energy-efficiency rating. Faraday House is part of a substantial development that features spacious, well-tended communal grounds. The apartment comes with use of a parking space plus Enfield Lock Station is only a short walk away.
Tenure: Leasehold (125 years from 2006). Minimum Share: 50% (£110,000). The housing association will expect that you will purchase the largest share affordable. Shared Ownership Rent: £147.39 per month (subject to annual review). Service Charge: £115.29 per month (subject to annual review). Guideline Minimum Income: Dual £22,000 Single £25,600 (based on minimum share and 10% deposit). Council Tax: Band B, London Borough of Enfield. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
Second Floor
Reception 21' 5" max. X 9' 7" max. (6.53m x 2.92m)