For Sale1 Bedroom Flat in Lily Way, London, N13£160,000

An excellent opportunity to acquire this superb 40% Shared Ownership flat boasting larger-than-usual accommodation in a modern and well-maintained development constructed in 2018. The property has been designed with wheelchair users in mind, therefore offering extremely spacious and practical accommodation with the added benefit of a private patio garden and a covered allocated parking space. Additional benefits include a private entrance, an impressive 16'9 long lounge, and an attractive fitted kitchen with integrated appliances at one end, along with a generously sized double bedroom and a contemporary-style bathroom. The property is conveniently located approximately half a mile from Bounds Green tube station (Piccadilly line) and Bowes Park rail station (to Moorgate), and close to bus links to Wood Green and Southgate. You will also find the popular Broomfield Park within easy reach, as well as excellent shopping amenities and eateries along Green Lanes. We highly recommend an internal viewing to fully appreciate the space and standard of accommodation this beautiful flat offers. -Council Tax: London Borough of Enfield - Band C -Tenure: Leasehold -Remaining Lease Term: In the region of 117 years and 7 months (125 years from 29th September 2016) -Service Charge: £110.87 PCM -Monthly Leasehold Assured Rent (payable to Notting Hill Genesis Housing Association -£622.59 PCM -Ground Rent: £300 Per Annum (doubles every 25 years) Please note that shared ownership is subject to qualification terms and qualification by Notting Hill Genesis Housing Association: - Be at least 18 years old - Have an annual household income of less than £90,000 - Be first time buyers or if they do already own a home, they must be in the process of selling their property and at the point of exchange. - Be able to demonstrate that they have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home -Satisfy the affordability assessment carried out by our appointed Independent Financial Advisor, using no more than 45% of their net monthly income (minus commitments) on their housing costs.