2 bedroom apartment for sale
Martlesham Walk,, Colindale, NW9 5BF
Share percentage 40%, full price £375,000, £15,000 Min Deposit.
Share percentage 40%, full price £375,000, £15,000 Min Deposit.
Monthly Cost: £1,515
Rent £634,
Service charge £120,
Mortgage £761*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £50,555. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15000 . Total approximate savings required £19,000
Important borough specific eligibility criteria - Barnet
All London applicants will be considered, with priority given to Barnet Applicants.
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.
Summary
Ground floor, two bedroom apartment with a private garden and parking in Barnet shared ownership 40% £150,000 full market value £375,000
Description
Ground floor
Open plan reception & kitchen, 2 bedrooms, 1 bathroom
External
There is one allocated parking space and a private garden to the rear
GIA
70sqm.
Accessibility rating
E
EPC rating
D
Length of lease
107 years
Borough
Barnet
Key Features
- There is one allocated parking space
- Private garden to the rear
- Situated within an established residential area
- Fairly close to the local amenities
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 40%, full price £375,000, £15,000 Min Deposit. Calculated using a representative rate of 4.64%
