- 1 Bedroom
- 40% share available
- Under Offer – Please email email@example.com 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 10/07/2018
|Number of Beds||1|
|Full market price||£300,000|
|Ownership||40% share available|
|Guidance household income||£39,470|
this development is provided by Notting Hill Sales
Notting Hill Sales is the trading name of Notting Hill Home Ownership and related companies.
Location and local area
Bounds Green Station (1km)
Bowes Park Station (0.6 km)