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Candish Court

Shared ownership

Miles Road, London N8 7FR, London, N8 7FR

For sale
Shared ownership
Photo of Candish Court
Live from space album cover

from

£127,500

with min. deposit

£12,750

25% Share from
£127,500
Full market price
£510,000
Minimum deposit
£12,750
Monthly rent
£1,002
Monthly service charge
£149.95

2 bedroom flat

Two bedroom apartment located in The Quadrangle complex in Hornsey, N8. This newly built two bedroom, one bathroom apartment is situated on the 3rd floor and benefits from a private covered balcony . The apartment has wood flooring throughout, carpeted bedroom and a tiled kitchen and bathroom, as well as ample built in storage. Residents benefit from access to a courtyard and garden area. OFF STREET PARKING AND WHITE GOODS INCLUDED. 

This property is being sold with no onwards chain 

Features

Off street parking

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor3rd floor
Tenureleasehold

from

£127,500

with min. deposit

£12,750

25% Share from
£127,500
Full market price
£510,000
Minimum deposit
£12,750
Monthly rent
£1,002
Monthly service charge
£149.95
Sanctuary Resales

Sanctuary Resales

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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