Affordable shared-ownership two-bed close to stations and parks.
- 40% Shared Ownership available at £132,000
- 5% minimum deposit requirement for buyers
- Ground-floor flat with allocated off-street parking
- Access to communal garden; good outdoor amenity
- Small overall size: 601 sq ft; limited living space
- Single bathroom; may not suit larger families
- Annual service charge ~£2,452.32; monthly ~£204.36
- EPC energy rating D; annual rent increases each April
This bright ground-floor two-bedroom flat in Enfield is offered via Shared Ownership, ideal for first-time buyers seeking an affordable route onto the ladder. The layout includes an entrance hall with storage, a light-filled reception room, separate kitchen, two bedrooms, a walk-in wardrobe and one bathroom. Allocated off-street parking and access to a shared garden add practical outdoor space.
The property is available as a 40% share for £132,000 (based on a £330,000 market value). Example monthly costs: rent £693.85, service charge £204.36, total £898.21 (plus mortgage on the 40% share). A 5% minimum deposit is needed; note an annual rent increase each April. The advertised lease will be extended to the stated length at completion.
Considerations: the overall internal size is small (601 sq ft) so space is limited, and the single bathroom may not suit larger households. Service charge is notable at approximately £2,452.32 per year; check billing frequency and what this covers. EPC and environmental ratings are band D.
Location perks include short walks to Grange Park and Oakwood stations, good bus links, nearby green spaces such as Oak Hill Park, and several well-rated primary and secondary schools within easy reach. Broadband and mobile signal are strong and the area is generally affluent with convenient local amenities.
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