£242,500
2 bed flat for saleOxeye Way, London N18
2 beds
2 baths
1 reception
EPC Rating: B
Just added
New home
Shared ownership
Leasehold
About this property
Shared ownership two bedroom apartment available to purchase at a 50% share of £485,000 with a minimum 5% mortgage deposit of £12,125. Call today to arrange your appointment to view.
A bright and modern two bedroom two bath, 2nd floor apartment in this sought after development in North London. This lovely apartment features an open plan living and kitchen area, two double bedrooms with en-suite to master bedroom and a modern, contemporary bathroom. The apartment also benefits from a private balcony. Residents benefit from secure entry lift access and landscaped communal spaces all moments from Meridian Water station and local amenities. This lovely new apartment is ready to move into.
Why rent when you could buy: Is it now time for you to start paying your own mortgage instead of someone else’s? Compare the average rent in your area with the monthly cost of a shared ownership home you could be pleasantly surprised.
Financial Breakdown:
Full market value: £485,000
50% share value: £242,500
5% deposit: £12,125
Monthly Rent on un-owned share £555.72
What is Shared Ownership? If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
*Please note images used in this listing are dressed images of the apartment.
A bright and modern two bedroom two bath, 2nd floor apartment in this sought after development in North London. This lovely apartment features an open plan living and kitchen area, two double bedrooms with en-suite to master bedroom and a modern, contemporary bathroom. The apartment also benefits from a private balcony. Residents benefit from secure entry lift access and landscaped communal spaces all moments from Meridian Water station and local amenities. This lovely new apartment is ready to move into.
Why rent when you could buy: Is it now time for you to start paying your own mortgage instead of someone else’s? Compare the average rent in your area with the monthly cost of a shared ownership home you could be pleasantly surprised.
Financial Breakdown:
Full market value: £485,000
50% share value: £242,500
5% deposit: £12,125
Monthly Rent on un-owned share £555.72
What is Shared Ownership? If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
*Please note images used in this listing are dressed images of the apartment.
Mortgage calculator
Monthly repayment
£1,213 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
A band has not yet been confirmed.
Ground rent
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