2 bedroom apartment for sale

Available

Ridgeway Views, Mill Hill, NW7 1AA

£122,500 · Shared Ownership New Build

Share percentage 25%, full price £490,000, £12,250 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Floor plan
floor-plan
Floor plan
floor-plan
£122,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £490,000, £12,250 Min Deposit.

Monthly Cost: £1,418
Rent £643, Service charge £235, Mortgage £540*

Calculated using a representative rate of 3.29%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

2 bedroom apartment available for £122,500 for a 25% share at Townsend House!

Description

Townsend House - Apartment 272

2 bedroom ground floor apartment offering 71.1 sq.m of internal floor area with outdoor space. Contact a member of our sales team now to view our new show home.

Full Market Value: £490,000

Shared Value (25%): £122,500

Minimum deposit: £12,250

Required income: £50,669

Ridgeway Views

Ridgeway Views is well positioned within the Mill Hill conservation area on a hilltop overlooking the green fields of Totteridge Valley. From its location through to the quality interior, Ridgeway Views in Mill Hill, North London offers luxurious apartments, a dedicated 24/7 concierge, resident’s gym (once completed) & parking, and plenty of open space in a great location.

What is Shared Ownership?

Shared Ownership allows you to buy a home, in an affordable way, in the area you know and love. It allows you to buy a share of your home – between 25% and 75%, with as little as a 5% deposit. You pay a mortgage on the share you own and rent the remaining share at a subsidised rate. You can increase your share in your home and staircase up to a larger share, and eventually full ownership.

Viewings
For those who would like to and are able to visit us, the Show Home is now open on an appointment-only basis, with extra measures in place to ensure your wellbeing. Please call us to book your appointment. If you would prefer to speak to our Sales Team from your own home, they are still on hand and can conduct appointments via phone, email and by virtual tour. *We are taking extra precautions to ensure the health and wellbeing of our customers, staff and members of the public.

Key Features
  • Countryside location with central London accessible in 30 minutes
  • Prestigious hilltop location with picturesque surroundings
  • Residents parking
  • 24/7 concierge & on-site gym available to residents once completed
  • Private communal garden for residents living in Andrewes House & Laidlaw House
  • Pet-friendly environment
  • Close proximity to leisure activities - golf, horse riding, and gardening centre
Property Downloads
Key Information Document Floor Plan Brochure
Video Tour
Map
Mill Hill East (0.71 miles) West Finchley (1.37 miles) Mill Hill Broadway (1.38 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 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.

£122,500
Shared Ownership New Build
Estimated Monthly Cost:£1,418
Rent £643
Service Charge £235
Mortgage £540

Share percentage 25%, full price £490,000, £12,250 Min Deposit. Calculated using a representative rate of 3.29%


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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.