2 bedroom apartment for sale

Under Offer

Butterfly Court, 16 Acklington Drive, NW9 5QQ

£98,750 · Shared Ownership Resale

Share percentage 25%, full price £395,000, £9,875 Min Deposit.

Under Offer
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£98,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £395,000, £9,875 Min Deposit.

Monthly Cost: £1,165
Rent £551, Service charge £113, Mortgage £501*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility

You will need to be earning a guidance income of £42,000. You will need access to savings of at least £4,000 to cover the cost of buying the home.

A minimum 10% deposit approx. £9,875. Total approximate savings required £13,875.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home

Summary

First Floor two-bedroom apartment in the London borough of Barnet

Description

Butterfly Court is a medium sized modern residential development on Acklington Drive which is part of the Heybourne Park Development and was constructed in circa 2010.

The property itself is a first floor, two bedroom apartment with sitting room and open plan kitchen, family bathroom, master bedroom with en-suite and second bedroom. There is a private first floor balcony.

Gross Internal Area

63 sqm

EPC rating

B

Length of lease

111 years remaining

Borough

Barnet

Key Features
  • Private balcony
  • Open plan sitting room and kitchen
  • Modern double glazed window units
  • Neutral decor in good overall condition
  • Street parking
  • Communal gardens

Local Transport

  • Colindale Station (0.4mi) - Northern Line
  • Burnt Oak Station (0.6mi) - Northern Line
  • Mill Hill Broadway (0.7mi) - Thameslink
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Colindale (0.51 miles) Burnt Oak (0.68 miles) Mill Hill Broadway (0.72 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£98,750
Shared Ownership Resale
Estimated Monthly Cost:£1,165
Rent £551
Service Charge £113
Mortgage £501

Share percentage 25%, full price £395,000, £9,875 Min Deposit. Calculated using a representative rate of 4.64%


Notting Hill Genesis Resales
View properties by this developer
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.