3 bed flat for sale

Drayton Park, London N5

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 three bedroom apartment located on the seventh floor of a modern development. The accommodation comprises; entrance hallway, open plan kitchen/reception room, three bedrooms, bathroom/WC and two balconies. The building has 24-hour concierge service, lift and stair access to all floors, video entry phone system, bicycle storage areas and a communal courtyard.

Property Value: £510,000
Minimum Share: 50%
Share Value: £255,000
Lease Term - 169 years (approx.)
Rent pcm - £683.10
Service charge pcm - £326.97
Gross internal area: 764 sq.ft / 71 sq.m
EPC Rating: D
Council Tax Band: E

Ashburton Triangle is uniquely situated adjacent to the Emirates Stadium (Arsenal Football Club) and within easy walking distance to Arsenal and Holloway underground stations (Piccadilly Line) and Drayton Park over ground station. Nearby bus routes provide good transport links to and from the City and West End. The area is well served by shops, cafes and restaurants, and the Sobell Leisure Centre and the London Metropolitan University are also located close by.