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2 bedroom apartment for sale

Flat 1, Harley Court, 105 Turkey Street, Enfield
Apartment
2 beds
1 bath
Added > 14 days

Key information

TenureLeasehold | unconfirmed share | 971 yrs left
Service charge£3,519 per annum
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (971 years remaining)
  • Modern ground floor apartment
  • Two double bedrooms
  • Modern kitchen
  • Refitted bathroom
  • Extended lease on completion
  • Allocated parking
Shared Ownership

This superb modern home is available to buy from as little as £75,000 with a 25% share!

This ground floor apartment is located in between Enfield and Waltham Cross is offered to the market with a complete chain above. The spacious and well presented accommodation provides two double bedroom, a large living/dining room, modern kitchen and refitted bathroom. There is allocated parking and the lease will be extended on completion.

This property is ideally situated for access to the M25 motorway network and just a short walk from Turkey Street train station which serves London Liverpool Street & Tottenham Hale. Enfield is an attractive place for individuals and families seeking a high quality of life. One of the staples of the area is the scenic Forty Hall and its surrounding gardens, which provide a pleasant escape from busy city life

PRICING & AFFORDABILITY

Full Market Value: £300,000

25% Share Price: £75,000 (rent £864.08pcm)
Minimum 5% Mortgage Deposit (25% share): £3,750
Approximate Service Charges: £293.25pcm*
Shared Ownership Lease: approx. 972 years (extended on completion)
Council Tax Band: D

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.
• 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. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

* This home can also be purchased outright (100% of the value) which is £300,000 and a purchaser would not need to meet the eligibility criteria listed above.

Property information from this agent

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About this agent

SOWN - National
SOWN - National
Crowthorne House, Nine Mile Ride Wokingham RG40 3GZ
023 8221 9179
Full profileProperty listings
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.
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