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605 The Bakery

26 - 30 Southgate Rd, London, N1 3JH

For sale
Shared ownership
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
Photo of 605 The Bakery
38% Share from
£279,300
Full market price
£735,000
Minimum deposit
£13,965
Monthly rent
£629
Monthly service charge
£150
Reservation free
£500
Administration free
£0

3 bedroom flat

The property offers:

➢ 97m/sq of space

➢ a fully fitted kitchen

➢ three bedrooms and two bathrooms (one ensuite and one family)

➢ a bright reception area with a Juliet balcony

➢ double glazing and central heating

➢ storage space

➢ a lift serving all floors

➢ a video entry phone system

➢an enclosed bicycle storage facility at ground floor level

➢small, gated, community courtyard area

 

Features

Balcony

Central heating

Double Glazing

Lift access

Bedrooms3
Bathrooms2
Reception rooms1
Furniture statusunfurnished
Floor area97
Number of floors1
Entrance floor6th floor
Tenureleasehold
isha

isha

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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