House For Sale £212,500
Shared ownership
This property is available to buy for as little at £212,500 for a 50% share.
Offered to the market stand this well sized and presented 3 bedroom end of terrace home in Hawksmead Close, Enfield.
This properties accommodation comprises of a ground floor entrance hall/porch, large 26ft living room with access to the rear garden, Kitchen/dining room, W/C and ample storage.
The first floor accommodation offers three bedrooms with storage in the 2 double rooms, family bathroom and loft access.
This property also benefits from having a large rear enclosed garden with side access, off street driveway parking for 2+ cars and is available immediately.
Prcing and affordability
Full market value: £425,000
Rent (50%): £414.99 pcm
Service charge: £30.72 pcm
Lease: 72 years remaining
Eligibility
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Hawksmead Close you can buy a 50% share of your home and when you’re ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for this shared ownership home you would need to meet the following criteria:
• Your household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change.
This property is available to buy for as little at £212,500 for a 50% share.
Offered to the market stand this well sized and presented 3 bedroom end of terrace home in Hawksmead Close, Enfield.
This properties accommodation comprises of a ground floor entrance hall/porch, large 26ft living room with access to the rear garden, Kitchen/dining room, W/C and ample storage.
The first floor accommodation offers three bedrooms with storage in the 2 double rooms, family bathroom and loft access.
This property also benefits from having a large rear enclosed garden with side access, off street driveway parking for 2+ cars and is available immediately.
Prcing and affordability
Full market value: £425,000
Rent (50%): £414.99 pcm
Service charge: £30.72 pcm
Lease: 72 years remaining
Eligibility
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Hawksmead Close you can buy a 50% share of your home and when you’re ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for this shared ownership home you would need to meet the following criteria:
• Your household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change.
