Greenwood Avenue
£151,250 for a 55% share
Property description
Our Winter Offer: A £1,000 Ikea voucher on completion*. Lease extension to 990 years applied for.
Property address
Greenwood Avenue, Enfield, EN3 5FD
2 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value - £275,000
You Pay (55%) - £141,350
Monthly Rent - £249.54
Service Charge - £202.18
Annual Ground Rent - N/A
Council Tax Band: C
99 year lease commenced November 2002 - 77 years remaining. The current owners have commenced the process to extend the lease to 990 years. Price is based on the valuation once the lease has been extended.
Enter this spacious ground floor apartment via a hallway with storage to your left find two double bedrooms each with two windows overlooking the communal gardens. Turning round and passing a contemporary bathroom bathroom enter the large living are, which again benefits from two windows giving views of the grounds. The modern kitchen is reached via an open doorway and features an integrated oven and hob and spaces for fridge freezer and washing machine.
The apartment is within walking distance of Brimsdown Mainline Station offering direct rail links into central London (Liverpool St approx 25 minutes. The property also falls within the catchment area of good local schools including Eastside Primary & Ark John Keats Primary. There are a number of local shops and amenities also nearby on Green Street with a number of larger stores a short drive away along Hertford Road, as well as Tesco supermarket also a short drive from the property.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £46,074. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of December 2024.
*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent or L&Q for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other resales shared ownership property.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £275,000 |
|---|---|
| Minimum Share Percentage | 55% |
| Minimum Share Value | £151,250 |
| Monthly Service Charge | £202 |
| Minimum Deposit | £15,125 |
The apartment is within walking distance of Brimsdown Mainline Station offering direct rail links into central London (Liverpool St approx 25 minutes. The property also falls within the catchment area of good local schools including Eastside Primary & Ark John Keats Primary. There are a number of local shops and amenities also nearby on Green Street with a number of larger stores a short drive away along Hertford Road, as well as Tesco supermarket also a short drive from the property.
Parking
- Allocated parking
Others
- Central heating
- Double Glazing
Outside space
- Communal Garden