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Shared ownership
£178,250

2 bedroom apartment for sale

Well Grove, London
Chain-free
Study
Apartment
2 beds
1 bath
Added > 14 days

Key information

TenureLeasehold | unconfirmed share | 116 yrs left
Service charge£2,058.24 per annum
Council taxAsk agent
BroadbandSuper-fast 80Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Modern shared ownership apartment
  • Two bedrooms
  • Private balcony
  • Contemporary bathroom
  • No onward chain complications
  • Open plan living space
  • Convenient location with access to Central London
Shared Ownership

This superb modern home is available to buy from as little as £178,250 with a 35% share!

This beautifully presented second-floor apartment in Well Grove, London N20, offers a perfect blend of modern style and comfortable living. The spacious open-plan kitchen and reception room create a welcoming heart to the home, ideal for both relaxing and entertaining. Large windows fill the space with natural light, and doors open out onto a private balcony — a lovely spot for morning coffee or evening unwinding.
Two bedrooms provide versatile accommodation for professionals, small families, or those looking for a guest room or home office. The main bedroom benefits from built-in storage, while the second bedroom offers excellent flexibility. A contemporary bathroom complements the layout with a sleek and practical finish.

Well Grove enjoys an excellent location with a wide range of amenities close by. Nearby, you’ll find a selection of independent shops, cafés, and restaurants offering everything from everyday essentials to weekend treats. Larger supermarkets and retail options are also within easy reach, ensuring convenience at your doorstep. The area is well served by public transport, with nearby Underground and bus links providing quick connections into Central London and surrounding areas. For those who enjoy the outdoors, there are several attractive parks and green spaces nearby, perfect for walks, recreation, or simply relaxing in nature. With its blend of local charm and strong connectivity, this location offers an exceptional balance of city living and suburban comfort.

PRICING & AFFORDABILITY

Full Market Value: £510,000

35% Share Price: £178,250 (rent £1062.46 pcm)
Minimum 5% Mortgage Deposit (35% share): £8,925
Approximate Service Charges: £171.52 pcm*
Lease: 116 years

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

* This home can also be purchased outright (100% of the value) which is £510,000 and a purchaser would not need to meet the eligibility criteria listed above.

Property information from this agent

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About this agent

SOWN - National
SOWN - National
Crowthorne House, Nine Mile Ride Wokingham RG40 3GZ
023 8221 9179
Full profileProperty listings
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.
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