Property photos
Shared ownership
Leasehold
£280,000
(£400/sq. ft)
2 bed flat for sale
3 Queensland Road, London N72 beds
1 bath
700 sq. ft
EPC rating: B
Key Information
Tenure:
Leasehold (88 years)
Service charge:
£276 per month
Council tax band:
E
Ground rent:
£150
Ground rent date of next review:
Ground rent review period:
Every 25 years
Shared ownership percentage owned:
50%
Shared ownership rent:
£436 per month
Local area information
Property location
Nearby amenities
- Drayton Park 0.1 miles
- Drayton Park Primary School 0.2 miles
- Holloway Road 0.2 miles
- Sacred Heart Catholic Primary School 0.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Stoke Newington to find out more about the local area.
Features and description
- Leasehold
If you are unable to buy a property outright on the open market, then Shared Ownership could be the ideal solution for you. It is a part-buy, part-rent scheme, which enables purchasers to buy an initial share of usually between 25% and 75% the value of the property and pay a subsidised rent on the remainder. A service charge may also be payable to cover the cost of communal maintenance. Shared Ownership properties are designed as a stepping stone to completely owning your own home, allowing you to buy as much as you can afford when you can afford it.
A resale is a Shared Ownership property that the current owner bought new from us or as a resale. Buying a resale property makes you an owner-occupier because you are buying at least the current owner's share on the existing lease. The great thing about choosing to buy a re-sale shared ownership property is that it gives you the opportunity to speak to the previous owner and to find out more about the area.
An attractive two bedroom apartment located on the third floor of a purpose-built apartment block. The accommodation comprises; entrance hallway, open plan kitchen/reception room, two bedrooms, bathroom and a balcony. The building has a door entry phone system, bicycle storage, lift access and a communal roof terrace.
Property Value: £560,000
Minimum Share: 50%
Share Value: £280,000
Lease Term - 88 years (approx.)
Rent pcm - £436.15
Service charge pcm - £275.70
Gross internal area: 700 sq.ft / 65 sq.m
EPC Rating: B
Council Tax Band: E
Ground rent p.a.: £150 (payable from final staircasing to 100% ownership, subject to review every 25 years)
A variety of local shops, cafes and restaurants can be found close by. Nearby bus routes and trains from stations at Holloway Road (Piccadilly underground line) and Drayton Park (Northern City overground line) provide convenient public transport links to and from the City, Central London and the West End.
A resale is a Shared Ownership property that the current owner bought new from us or as a resale. Buying a resale property makes you an owner-occupier because you are buying at least the current owner's share on the existing lease. The great thing about choosing to buy a re-sale shared ownership property is that it gives you the opportunity to speak to the previous owner and to find out more about the area.
An attractive two bedroom apartment located on the third floor of a purpose-built apartment block. The accommodation comprises; entrance hallway, open plan kitchen/reception room, two bedrooms, bathroom and a balcony. The building has a door entry phone system, bicycle storage, lift access and a communal roof terrace.
Property Value: £560,000
Minimum Share: 50%
Share Value: £280,000
Lease Term - 88 years (approx.)
Rent pcm - £436.15
Service charge pcm - £275.70
Gross internal area: 700 sq.ft / 65 sq.m
EPC Rating: B
Council Tax Band: E
Ground rent p.a.: £150 (payable from final staircasing to 100% ownership, subject to review every 25 years)
A variety of local shops, cafes and restaurants can be found close by. Nearby bus routes and trains from stations at Holloway Road (Piccadilly underground line) and Drayton Park (Northern City overground line) provide convenient public transport links to and from the City, Central London and the West End.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
Unlock more data
Listed by
Newlon Living - Resales
See development info.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Newlon Living - Resales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Newlon Living - Resales for full details and further information.