Share Price £384,000 (from 80% Min. Share)

Full Value £480,000 | £19,200 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Barnet

place Hillier Court, Well Grove, N20 9BN

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Modern, well presented two bedroom apartment available for shared ownership.


Description

The property comprises entrance hall with storage cupboard leading to open plan kitchen/Lounge with great window lighting and access to balcony, master double bedroom, single bedroom and bathroom with bathtub/ WC. The property also benefits from lift access and allocated parking space.

- Minimum income requirement - £112,722

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

Available for £384,000 for 80% share based on the marketing figure of £480,000.

SO Resi Monthly Payment - £245
Monthly Service Charge - £92
Total Monthly Charge - £337 PLUS MORTGAGE REQUIRED FOR 80% SHARE.

Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/

Reception/Kitchen:
5.5 x 4.7m

Bedroom 1:
3.6 x 3.2m

Bedroom 2:
3.8 x 2.1m

Bathroom with W/C:
2.1 x 2.2m

Energy Rating Band - B
Environmental Impact Band - A

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

The property is close to local shops, transport and recreational facilities within the area. Close to a great selection of shops including Marks & Spencers, Boots and Waitrose.


Key Features

Two bedrooms
Second floor
Allocated parking
Balcony
Lift
Entry phone system
Available for 80% share


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Calculate Monthly Cost

Share price
£ 384,000
Min. £384,000
Share percentage
Min. 80%
Your deposit
Min. £19,200
Monthly cost*
£2,251
Cost breakdown
£245
Rent
£93
Service charge
£1,913
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.