Flat for sale in Eden Grove, London N7

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 two bedroom apartment set within a modern development. The accommodation comprises; entrance hallway, open plan kitchen/reception room, two bedrooms, bathroom and a private balcony which has a pleasant outlook over the enclosed communal courtyard and its pond. The building benefits from lifts serving all floors, 24/7 concierge service, entry phone system and a bicycle storage area.

Property Value: £510,000
Minimum Share: 35%
Share Value: £178,500
Lease Term - 81 years (approx.)
Rent pcm - £850.71
Service charge pcm - £382.24
Gross internal area: 667 sq.ft / 62 sq.m
EPC Rating: C
Council Tax Band: D

Carronade Court is located to the north side of Eden Grove and south side of Hornsey Street with close proximity to a variety of local shops, cafes, bars, restaurants, supermarkets, health centre and gyms. The London Metropolitan University and the Emirates Stadium (Arsenal Football Club) are also located nearby. The area is well served by local bus routes and the Holloway Road tube station is just a few hundred metres away.