Share Price £141,250 (from 25% Min. Share)

Full Value £565,000 | £7,063 Min. Deposit

Scheme: Shared Ownership

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SO Resi Hendon Waterside - 2 bed apartment in Barnet

place West Hendon Broadway, NW9 7FB

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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.

Description

Guide Prices:
Available from £141,250

Based on a 25% share of the full value of £565,000.

Monthly SO Resi payment: £617.97

Estimated service charge: £279.49

Something new and very exciting is happening in north London. Hendon Waterside is a flagship regeneration scheme, and part of an exciting series of projects currently transforming the landscape in West Hendon and the local area, in association with the Metropolitan Housing Trust and the London Borough of Barnet.

Thirty acres of land are being developed to include over 2,000 homes, parks and local amenities set within the beautiful and green surroundings of the Welsh Harp reservoir.

Hendon Waterside sits next to the beautiful Welsh Harp and the rejuvenated Broadway, soon to be joined by new shops and cafés. Nearby Brent Cross Shopping Centre is the go-to shopping and entertainment destination in north London.

From Hendon Rail Station hop on the Thameslink and be in London St Pancras International in just 14 minutes.
From Hendon Central Underground station, take the Northern line and be at Euston station in 17 minutes.


Key Features

  • Efficient, modern design.
  • Within walking distance of Hendon railway station and Hendon Central Tube station.
  • Reach the West End and Bank within 30 minutes or Heathrow Airport in around 30 minutes by car, or an hour by public transport.
  • Concierge.
  • Parking for allocated blocks.
  • Access to the on-site gym.
  • Nearby Brent Cross Shopping Centre, serving as north London’s go-to shopping and entertainment destination.
  • Nestled next to the idyllic reservoir, perfect for exploring scenic trails, waterside footpaths and green sheltered woods.

Kitchen
• Stainless steel single bowl sink top
• Fully fitted kitchens (Zanussi and Electrolux appliances)
• Laminated Worktops and Upstand
• Free stand washer dryer
• Engineered laminate flooring in Living room, Kitchen and hallway

Bathrooms & Ensuite
• Fully fitted bathroom
• Natural tone tiled bathrooms
• White electric tower rail

Bedroom
• Carpets in Bedrooms
• Sliding mirror/glass fronted Wardrobes

General
• Concierge
• Parking for allocated blocks
• Access to on-site gym*

*Included in the leaseholders in the service charges

Please be advised this property’s heating and hot water are supplied by a district heat network. This means there is no gas supply to individual properties and as this is a district heat network, you will not be able to change supplier as you would with other utilities. It is a requirement of sale for agreement to an Energy Supply Agreement.


Download Documents

Link to the floor plan Property brochure 1
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Calculate Monthly Cost

Share price
£ 141,250
Min. £141,250
Share percentage
Min. 25%
Your deposit
Min. £7,063
Monthly cost*
£1,624
Cost breakdown
£618
Rent
£302
Service charge
£704
Mortgage*
Calculated using a representative rate of 3.94%
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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.