* Leasehold
If you are unable to buy a property outright on the open market, then Shared
Ownership could be the ideal solution for you. It is a part - buy, part - rent
scheme, which enables purchasers to buy an initial share of usually between
25% and 75% the value of the property and pay a subsidised rent on the
remainder. A service charge may also be payable to cover the cost of communal
maintenance. Shared Ownership properties are designed as a stepping stone to
completely owning your own home, allowing you to buy as much as you can afford
when you can afford it.
A resale is a Shared Ownership property that the current owner bought new from
us or as a resale. Buying a resale property makes you an owner - occupier
because you are buying at least the current owner's share on the existing
lease. The great thing about choosing to buy a re - sale shared ownership
property is that it gives you the opportunity to speak to the previous owner
and to find out more about the area.
A well - presented and bright one bedroom apartment located in the highly
desirable Highbury Stadium Square development. The apartment boasts spacious
accommodation comprising of; entrance hallway, open plan kitchen/dining/lounge
area, bathroom and bedroom. The building benefits from entry phone system,
lifts serving all floors, bicycle storage area and residents have access to
the gated, communal garden area at the centre of the Highbury Stadium Square
development.
Property Value: £420, 000
Minimum Share: 49%
Share Value: £205, 800
Lease Term - 84 years (approx. )
Rent pcm - £513. 09
Service charge pcm - £290. 23
Gross internal area: 538 sq. ft / 50 sq. m
EPC Rating: B
Council Tax Band: D
Within easy walking distance of local bars, shops, cafes, restaurants, fitness
studio/gym and local parks and conveniently situated for Arsenal (Piccadilly
Line) underground tube station and Drayton Park (over ground) station.

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