Share Price £212,500 (from 50% Min. Share)

Full Value £425,000 | £21,250 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Barnet

place Biggs Court, 1 Harvey Close, NW9 5WF

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Two bedroom first floor apartment with parking available for shared ownership in the London Borough of Barnet


Eligibility

As a guide you will need to have a household income of at least £61,832. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £21,250. Total approximate savings required £25,000.

Important borough specific eligibility criteria

Barnet

All London applicants will be considered with priority given to people who live/work in the borough.

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 and are deemed to be in need of housing by your local council.


Description

Two bedroom first floor apartment within a modern residential development in Colindale, North West London.

This property is within walking distance of Colindale Underground station, (Northern Line). There are number of local bus routes serving the area as well as a number of major roads and iswithin walking distance to the local shopping and recreational facilities within the area.

First Floor

  • Two bedrooms
  • Reception / kitchen
  • Bathroom with W/C

Externally

The property comes with one allocated parking space

GIA

57 sq.m

EPC rating

B

Length of lease

117 lease

Borough

Barnet


Key Features

  • Allocated parking

Local Transport

  • Colindale Underground Station (Northern line) - 0.2mi
  • Brent Cross Shopping Centre approx. 20 mins by car or public transport

Download Documents

Link to the floor plan Energy Certificate

Accessibility

B – Wheelchair Accessible essential rooms

Complies with the Wheelchair Housing Design Guidance within the Housing Corporation Scheme Development Standards. Properties designed of adapted to provide access for wheelchair users to essential facilities of the property (that is, a bedroom, bathroom, toilet, living room and kitchen). Other rooms in the house such as additional bedrooms or bathrooms may not be wheelchair accessible.


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Calculate Monthly Cost

Share price
£ 212,500
Min. £212,500
Share percentage
Min. 50%
Your deposit
Min. £21,250
Monthly cost*
£1,502
Cost breakdown
£344
Rent
£242
Service charge
£916
Mortgage*
Calculated using a representative rate of 3.09%
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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.