Greenwood Avenue
£162,250 for a 55% share
Property description
Purpose built apartment Lease extension to 990 years applied for
Property address
Greenwood Avenue, Enfield, EN3 5FD
2 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value - £295,000
You Pay (55%) - £162,250
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 £44,536. 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 September 2024.
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 | £295,000 |
|---|---|
| Minimum Share Percentage | 55% |
| Minimum Share Value | £162,250 |
| Monthly Service Charge | £202 |
| Minimum Deposit | £16,225 |
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