Academia Way, London

This superb modern home is available to buy from as little as £94,500 with a 35% share!

Situated on the second floor, this well-proportioned one-bedroom apartment offers bright and spacious accommodation throughout. The property comprises an entrance hallway, a generous reception room with direct access to a private balcony, a separate fitted kitchen, a good-sized double bedroom and a family bathroom. The apartment benefits from a practical layout with well-balanced living space, making it an ideal choice for first-time buyers and commuters alike.

Academia Way is conveniently positioned in the vibrant Tottenham area of North London, offering easy access to a wide variety of local shops, supermarkets, cafés, restaurants and everyday amenities. Nearby Tottenham High Road provides further shopping and leisure facilities, while Bruce Castle Park and Downhills Park offer attractive green spaces for outdoor recreation. Tottenham Hotspur Stadium is also within easy reach, providing a major local landmark alongside a growing selection of entertainment and leisure opportunities.

The property benefits from convenient transport connections, with White Hart Lane and Bruce Grove railway stations providing services towards central London and connections to the wider transport network. Seven Sisters Underground station offers access to the Victoria line, providing fast connections towards King's Cross, Oxford Circus and Victoria. Road users also benefit from access to the A10 and A406 North Circular, making this a well-connected location for travelling across London and beyond.

• Chain free
• Communal resident parking bays
• South facing balcony
• 5 min walk to White Hart Lane station ( Weaver line) connecting with buzzing Stoke Newington in 10min and Liverpool Street in 25 min. Victoria line change is 2 stops away at Seven sisters station.
• 10 min walk to green expanses of Bruce Castle Park and recreation grounds
• 8min walk to high street, 24/7 gyms, Sainsbury Extra and Aldi
• Rare opportunity to live in a quiet street in between 3 major improvements projects in the areas that will bring more public parks, independent cafes, co working spaces and extensive cycling routes


PRICING & AFFORDABILITY

Full Market Value: £270,000

35% Share Price: £94,500 (rent £562 pcm)
Minimum 5% Mortgage Deposit (35% share): £4,725
Approximate Service Charges: £173 pcm*
Shared Ownership Lease: 106 years remaining

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.