Monterey Apartments
£106,250 for a 25% share
Property description
Purpose built apartment overlooking Chestnut Park and convenient for St Anns Hospital
Property address
Cornwall Road, South Tottenham, N15 5AX


Shared Ownership
SHARED OWNERSHIP
Full Market Value: £425,000
Share Value (25%): £106,250
Monthly Rent: £552.77
Service Charge: £151.09
Council Tax Band: C
125 year lease commenced April 2008 - 108 years remaining
EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
This spacious west facing apartment features a large lounge/diner with access to a private balcony. The kitchen is semi separate, leading from the dining area and features Beech wall and base units with black work surfaces and includes an integrated oven, hob and extractor and spaces for white goods. Thre are two good sozed double bedrooms, the larger having fitted storage. A family bathroom completes the accommodation.
Monterey Apartments, situated adjacent to Chestnut Park, is ideally located in a quiet residential road within easy access of Turnpike Lane, Seven Sisters, South Tottenham and Harringay stations, all providing superb overground and underground cross-London links. The Overground trains will take you to Liverpool Street in 20 minutes and Stansted Airport in just 38 mins. Fom Seven Sisters you can get the Victoria Line to Kings Cross in three stops or Oxford Circus in six. Cycling into Central London couldn't be easier with the CS1 Cycle Superhighway from Tottenham High Road to Liverpool Street, via Stoke Newington and Hackney.
For families, there are two very good local schools - Woodlands Park Nursery and Chestnuts Primary. You will also find independent coffee shops and specialty food stores on Green Lanes, just a few minutes' walk away.
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 £46,772. 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 April 2025.
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 | £425,000 |
---|---|
Minimum Share Percentage | 25% |
Minimum Share Value | £106,250 |
Monthly Service Charge | £151 |
Minimum Deposit | £10,625 |
Monterey Apartments, situated adjacent to Chestnut Park, is ideally located in a quiet residential road within easy access of Turnpike Lane, Seven Sisters, South Tottenham and Harringay stations, all providing superb overground and underground cross-London links. The Overground trains will take you to Liverpool Street in 20 minutes and Stansted Airport in just 38 mins. Fom Seven Sisters you can get the Victoria Line to Kings Cross in three stops or Oxford Circus in six. Cycling into Central London couldn't be easier with the CS1 Cycle Superhighway from Tottenham High Road to Liverpool Street, via Stoke Newington and Hackney.
For families, there are two very good local schools - Woodlands Park Nursery and Chestnuts Primary. You will also find independent coffee shops and specialty food stores on Green Lanes, just a few minutes' walk away.
Others
- Balcony
- Central heating
- Double Glazing
- Pets allowed