Share Price £100,000 (from 25% Min. Share)

Full Value £400,000 | £10,000 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Barnet

place Griffin house, 4 Aviation Drive, NW9 5YQ

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Catalyst Housing resales

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Two bedroom first floor flat in Barnet is available now on a part-buy/part-rent scheme.


Eligibility

Priority will go to those who live or work in the Barnet local authority area.


Description

Viewings strictly by appointment only. For further information or to book an appointment, please contact our Sales Team on: 0208 832  3372 or  resale.staircasing@chg.org.uk

 

LOCATION:
The property forms part of a large residential estate named Beaufort Park.  It is close to Colindale London Underground Station and the other amenities of the area and high street.  The block has uninterrupted views over the RAF Museum.
There are many amenities close by, shops, restaurants, GP and dentist. There are a variety of bus routes available, 186, 292 and 113. The motorist is also well served with the A41, M1 are close by.

SHARED OWNERSHIP:
The scheme allows you to purchase the specified share of the property price, and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later date As a shared owner you will be an assured tenant until you own 100% of the shares for the property after which you will own the leasehold interest.

 


Key Features

GIA: 61m2

Bedroom 1 (approx. 15.4m2 )
Single, carpeted & radiator and TV point.

Bedroom 2 (approx.14.2 m2)
Double room carpeted with radiator and TV point.

Bathroom/WC (approx. 4.25m2)
White suite comprising of a bath with mixer tap and overhead shower, low level W.C, & housing basin.
Heated towel rail

Kitchen (approx. 9.5 m2)
Fitted kitchen with a range of fitted tops & base with surfaces, single drainer sink unit, cooker and electric hob and plumbing for washing machine.
Tiled floor and part tiled walls.

Lounge (approx. 24 m2)
Open plan room, carpeted, and radiator.

Utility Room (approx.2.1 m2)
With hot water cylinder and washing machine
and shelving

Cloakroom Cupboard (approx.1.5m2)

Outside
Shared communal garden & children’s park

 

Approx. 90 years remaining on lease


Energy Efficiency Rating – B
Environmental Rating - C


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Calculate Monthly Cost

Share price
£ 100,000
Min. £100,000
Share percentage
Min. 25%
Your deposit
Min. £10,000
Monthly cost*
£1,321
Cost breakdown
£658
Rent
£232
Service charge
£431
Mortgage*
Calculated using a representative rate of 3.09%
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Catalyst Housing resales

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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.