Summary - Flat 48, Eclipse House, LONDON N22 6UX
1 bed 1 bath Flat
60% shared ownership available — 5% minimum deposit advertised
Private balcony accessed from bedroom and living room
544 sq ft one-bedroom; modern build (2003–2006) with double glazing
Excellent transport: Wood Green Underground ~2 minutes walk
Monthly total charge ~£490.88 (rent £346.21 + service charge £144.67)
Service charge averages £1,736.04/year; lease 105 years remaining
Very high local crime rate and area classed as very deprived
Very slow broadband; electric storage heating (higher running costs)
Bright one-bedroom apartment in Eclipse House, offered on a 60% shared ownership basis, is a practical step onto the property ladder for first-time buyers. The layout includes an entrance hall, a spacious living room, separate kitchen, double-aspect bedroom and bathroom, plus a private balcony accessed from both bedroom and living room. The apartment is modern, well-lit and measures approximately 544 sq ft with double glazing and an EPC rating of C.
Location is a key strength: Wood Green town centre amenities are a short walk away and Wood Green Underground (Piccadilly Line) is around two minutes on foot, giving direct central London links. Local green space at Alexandra Park and Alexandra Palace is within easy reach, and several ‘Good’ and an ‘Outstanding’ local school are nearby. For commuters and city workers this spot is highly convenient.
Shared ownership specifics: the 60% share is priced at £165,000 (based on a £275,000 valuation). Monthly costs for the 60% share are approximately £490.88 (rent £346.21 + service charge £144.67) plus mortgage payments; the rent increases annually each April. Service charge averages £1,736.04 per year and the lease has 105 years remaining. Buyers should check mortgageability for the lease length with their lender and get legal and financial advice.
Material considerations: the apartment uses electric storage heaters and the main fuel is electricity; broadband speeds in the building are reported as very slow. The surrounding area records very high crime levels and local deprivation is classified as very deprived — factors to weigh for safety and insurance. Overall, this is a modern, central one-bedroom well suited to a first-time buyer seeking affordable entry, good transport links and nearby amenities, provided they accept shared ownership costs and the local area challenges.
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