1 bed flat for sale

5 Woodall Road, Enfield EN3

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 beautiful and stylish one bedroom apartment located on the third floor of a modern purpose built development. The accommodation comprises; hallway, open plan reception room/kitchen, double bedroom, bathroom and balcony. The building benefits from lift and stair access to all floors, door entry system, and bicycle storage area.

Property Value: £290,000
Minimum Share: 30%
Share Value: £87,000
Lease Term - 120 years (approx.)
Rent pcm - £612.48
Service charge pcm - £148.77
Gross internal area: 548 sq.ft / 51 sq.m approx.
EPC Rating: B
Council Tax Band: B

Located just a 2 minute walk to Ponders End station, it’s an ideal location for commuters. London Liverpool Street is just 17 minutes away and St Pancras International less than 25 minutes. A number of bus route can be found close by which cover Enfield and North London. A variety of high street stores, supermarkets, cafés and restaurants can be found in the nearby Enfield Town Centre. The development is complemented by beautifully landscaped public spaces and play areas.