Summary - Lily Way, N13 N13 4EG
1 bed 1 bath Apartment
Accessible modern one-bedroom offering private outdoor space and parking near Piccadilly line.
- 40% Shared Ownership (100% purchase option available subject to qualification)
- Private entrance, ground-floor flat with private patio garden
- Covered allocated parking space included
- Spacious 16'9 reception and large double bedroom
- Built 2018; wheelchair-friendly layout and contemporary fittings
- Monthly leasehold rent £622.59, service charge £69.33 PCM
- Ground rent £300 p.a., doubles every 25 years
- Lease circa 115–116 years remaining; property is leasehold
This spacious ground-floor one-bedroom flat offers an accessible, modern living layout ideal for a first-time buyer seeking value near good transport links. Built in 2018 with a private entrance, the home includes a 16'9 reception room, fitted kitchen with integrated appliances, a large double bedroom and a contemporary bathroom. A private patio garden and covered allocated parking add useful outdoor and storage space rarely found at this price point.
The property is offered as 40% Shared Ownership (with the option to purchase 100% subject to qualification). Shared ownership makes this a more achievable route onto the ladder, but buyers must meet eligibility rules and pass an affordability assessment. There is a monthly leasehold rent (£622.59 PCM), a service charge (£69.33 PCM), and an annual ground rent (£300) that doubles every 25 years — factor these running costs into your budget.
Practical details are straightforward: a long lease (circa 115–116 years remaining), mains gas boiler and radiators, and accommodation designed with wheelchair access in mind. The flat sits about half a mile from Bounds Green tube (Piccadilly) and Bowes Park rail links, with Green Lanes shops, local parks and schools within easy reach. Broadband speeds are average and mobile signal is excellent.
Negatives to note plainly: the property is leasehold and shared-ownership status is subject to qualification; ongoing monthly housing costs include rent, service charge and ground rent; the area records above-average crime rates. An internal viewing is recommended to assess space and finish in person.
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