Share Price £80,000 (from 25% Min. Share)

Full Value £320,000 | £8,000 Min. Deposit

Scheme: Shared Ownership Resales

check_circle Available now

2 bedroom apartment in Barnet

place Allard House, Boulevard Drive, NW9 5PQ

Budget Calculator
Calculate monthly cost help
date_range Viewings Saturday 27 February 2021 - Call now to book on 020 3815 006
Sign in to Register Your Interest mail
favorite_outline Save Property

Two bedroom second floor apartment in the London borough of Barnet available through Shared Ownership.


Eligibility

As a guide you will need to have a household income of at least £43,426. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £8,000. Total approximate savings required £12,000.

Important borough specific eligibility criteria

Barnet

This property is available to all applicants with priority to those living or working in the Borough of Barnet.

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

This is a two bedroom second floor apartment situated within the Beaufort Park Development in Colindale.

The property has good access to transport, local amenities and leisure facilities provided in Sunnyhill Park.

Ground Floor

  • Intercom
  • Entrance hall
  • Stairs and passenger lift

Second Floor

  • Entrance hall
  • Living room/kitchen
  • 2 bedrooms
  • Bathroom/WC

External

  • Communal gardens
  • Car parking subject to availability and an annual premium

GIA

52 sq m

EPC rating

C

Length of lease

110 years remaining

Borough

Barnet


Key Features

  • Communal Garden
  • A variety of shops and restaurants nearby
  • 2 minutes walk to Tesco Express
  • Walking distance to Beaufort Garden and other local parks

Local Transport

  • Colindale Station - 0.5m (Northern Line)
  • Burnt Oak Station - 1.3m (Northern Line)

Download Documents

Link to the floor plan Energy Certificate

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


Budget Calculator
arrow_backwards Back to 2 bedroom apartment in Barnet

Calculate Monthly Cost

Share price
£ 80,000
Min. £80,000
Share percentage
Min. 25%
Your deposit
Min. £8,000
Monthly cost*
£1,124
Cost breakdown
£573
Rent
£206
Service charge
£345
Mortgage*
Calculated using a representative rate of 3.09%
help

Sign in to Register Your Interest mail
favorite_outline Save Property

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.