Spacious one-bedroom shared-ownership flat near Seven Sisters and Turnpike Lane.
40% shared-ownership offered at £138,000 for the share
Gated development with intercom, rentable car park and bike cage
Large bedroom, open-plan living and sun room that opens like a balcony
Included integrated washing machine and fridge/freezer
Service charge approx. £1,448.52 pa; rent £522.08 pcm on remaining equity
Estimated monthly cost ≈ £1,300; 10% example deposit £13,800
Local area: excellent transport but higher-than-average crime and deprivation
Tenure/lease details not provided; staircasing terms must be checked
This is a 40% shared-ownership one-bedroom flat in Tottenham (N15), offered at £138,000 for the share. The apartment sits within a gated development with intercom entry, a rentable car park, and a secure bike cage. Excellent transport links (Seven Sisters, Turnpike Lane, Green Lanes) are within walking distance, making it practical for commuters and city workers.
Inside, the flat feels light and modern: an open-plan living/dining area, a large bedroom, bathroom with bath and shower, substantial hallway storage, large kitchen and a sun room that opens up like a balcony. Contemporary wooden flooring, modern fittings and included appliances (integrated washing machine and fridge/freezer) reduce immediate upkeep costs. The property would suit a first-time buyer seeking lower upfront purchase costs or an investor targeting shared-ownership demand.
Buyers should note material downsides: this is a shared-ownership sale with a rent of £522.08pcm on the remaining equity and an average service charge of £1,448.52 annually (£120.71pcm). Total estimated monthly cost is around £1,300 and a 10% deposit example is shown at £13,800. The tenure detail is listed as unknown; buyers must confirm lease length and staircasing terms with the housing association before committing. The local area shows higher crime rates and area deprivation indicators, so check local safety and community plans.
Practical positives include fast broadband and excellent mobile signal, nearby shops and supermarkets, several highly rated local schools, and plentiful amenities. The flat’s size (approx. 589 sq ft) and flexible rooms make it a comfortable home with potential to buy more equity over time. Be clear about the shared-ownership rules and ongoing charges when arranging a viewing.