- 1 Bedroom
- 40% share available
- Under Offer – Please email firstname.lastname@example.org to register your interest.
The property is a purpose built, one bedroom second floor flat within a modern residential development in Wood Green, North London. 40% share of £300,000 full market price, available through Shared Ownership.
Monthly Mortgage**: £575.50
Monthly Rent: £384.09
NHHO Service Charge*: £135.70
Council Tax Band: D
Estimated Total (per month): £1,095.29 excluding council tax
**Service Charge payable to Notting Hill
**Estimate: The monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
£120,000 (40% share price of £300,000)
- Gas central heating
Hall.reception. Kitchen. Bedroom. Bathroom with WC
No external facilities
The subject property is approximately 50 sq.m/ 538 sq ft.
Length of lease
You will need to be earning a guidance income of £39,470. You will need access to savings of at least £4000 to cover the cost of buying the home. A minimum 10% deposit approx. £12,000. Total approximate savings required £16,000.
Important borough specific eligibility criteria
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Details correct as at 19/09/2018
|Number of Beds||1|
|Full market price||£300,000|
|Ownership||40% share available|
|Guidance household income||£39,470|
Location and local area
Bounds Green Station (1km)
Bowes Park Station (0.6 km)