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UNDER OFFER

Lily Way, London, N13

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

699 sq ft

65 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • 40% Shared Ownership (subject to qualification). 100% Ownership Option Available
  • Spacious Purpose-Built Ground Floor Flat with Private Entrance
  • Private Patio Garden and a Parking Space
  • Modern Kitchen and Bathroom
  • Large Double Bedroom
  • 16'9 Long Reception Room
  • Lease Term Circa 117 Years Remaining

Description

An excellent opportunity to acquire this superb 40% Shared Ownership flat boasting larger-than-usual accommodation in a modern and well-maintained development constructed in 2018. The property has been designed with wheelchair users in mind, therefore offering extremely spacious and practical accommodation with the added benefit of a private patio garden and a covered allocated parking space.

Additional benefits include a private entrance, an impressive 16'9 long lounge, and an attractive fitted kitchen with integrated appliances at one end, along with a generously sized double bedroom and a contemporary-style bathroom.

The property is conveniently located approximately half a mile from Bounds Green tube station (Piccadilly line) and Bowes Park rail station (to Moorgate), and close to bus links to Wood Green and Southgate. You will also find the popular Broomfield Park within easy reach, as well as excellent shopping amenities and eateries along Green Lanes.

We highly recommend an internal viewing to fully appreciate the space and standard of accommodation this beautiful flat offers.

-Council Tax: London Borough of Enfield - Band C
-Tenure: Leasehold
-Remaining Lease Term: In the region of 117 years and 7 months (125 years from 29th September 2016)
-Service Charge: £110.87 PCM
-Monthly Leasehold Assured Rent (payable to Notting Hill Genesis Housing Association -£622.59 PCM
-Ground Rent: £300 Per Annum (doubles every 25 years)

Please note that shared ownership is subject to qualification terms and qualification by Notting Hill Genesis Housing Association:

- Be at least 18 years old
- Have an annual household income of less than £90,000
- Be first time buyers or if they do already own a home, they must be in the process
of selling their property and at the point of exchange.
- Be able to demonstrate that they have a good credit history (no bad debts or County
Court Judgements) and can afford the regular payments and costs involved in
buying a home
-Satisfy the affordability assessment carried out by our appointed Independent Financial Advisor, using no more than 45% of their net monthly income (minus
commitments) on their housing costs.



Brochures

Web DetailsParticulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Lily Way, London, N13

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About Winkworth, Palmers Green

393 Green Lanes, Palmers Green, London, N13 4JG
Industry affiliations:

Helping people find homes in Palmers Green, Winchmore Hill and Southgate.

Winkworth was established in 1835 and, in 1981, became the UK's first franchised estate agency operation. Now, with a network of over 80 offices and, as an active supporter of industry regulation, Winkworth is a familiar and trusted feature of the estate agency landscape. Along with an extensive London presence, Winkworth has offices spanning the UK and an increasing international presence.

Located on Green Lanes Winkworth Palmers Green cover both sales and lettings for an extensive range of homes, from luxury new build apartments and period conversions to Edwardian and Georgian houses. The team caters to every need, so whether you're a city professional looking for a one bedroom apartment or family in need of more space, you'll be sure to find the home you are looking for at Winkworth Palmers Green.

Your mortgage

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Years
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Monthly repayments
£682
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Disclaimer - Property reference PGN240049. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Winkworth, Palmers Green. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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