17 City House

Property overview

This stylish one-bedroom apartment has been exceptionally well maintained and offers a bright, modern living space ideal for first-time buyers.

At the heart of the home is an impressive open-plan kitchen, dining and living area, providing plenty of space for both relaxing and entertaining. Large glazed doors allow an abundance of natural light into the room and open directly onto the property’s private covered balcony, creating a valuable extension of the living space.

The contemporary fitted kitchen features a generous range of sleek handleless units, extensive worktop space and integrated appliances, with a peninsula helping to define the kitchen while maintaining the open-plan feel. There is also sufficient space within the living area for dining and a dedicated home-working setup.

The generous double bedroom benefits from fitted mirrored wardrobes, space for additional furniture and plenty of natural light.

The bathroom is finished in a modern neutral style, with extensive tiling, a bath with shower over, glass shower screen, wall-mounted basin, Wc, mirrored storage and heated towel rail.

The apartment is presented in excellent decorative condition throughout, with contemporary flooring to the main living accommodation and carpeting to the bedroom.

Financial breakdown

• Full Market Value: £360,000
• 40% Share Value: £144,000
• Rent: £492.33 per month
• Service Charge: £146.84 per month
• Buildings Insurance: £16.43 per month
• Management Fee: £34.89 per month
• Reserve Fund Payment: £27.61 per month
• Total Monthly Payment (excluding rent): £225.77
• Lease Length: Approximately 245 years remaining

What is Shared Ownership?

Shared Ownership offers you the chance to buy a share of your home (usually between 25% and 75%) and pay rent on the remaining share. Later on, you could buy more shares of your new home when you can afford to and, if you chose, own the property outright. Monthly costs to purchase a home via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Eligibility criteria

To be eligible for a home here you’ll need to:

• Have a combined household income under £90,000 per annum
• Not already own a property, or part of a property, at the time of completing on your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market

If you don’t meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

Shared Ownership disclaimer

Shared Ownership eligibility criteria applies. Images are indicative only. Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our sales consultants.

Local area

The property is situated on Green Lanes in Enfield, with a wide range of shops, cafés, restaurants and everyday amenities within easy reach.

The surrounding area offers a good balance of local amenities and green spaces, with convenient access to neighbouring Palmers Green, Winchmore Hill and Southgate.

Transport connections provide access across North London and into Central London, making the location well suited to commuters while retaining the benefits of a well-established residential neighbourhood.