3 bedroom apartment for sale

Available

Avro House, 5 Boulevard drive, NW9 5HF

£125,000 · Shared Ownership Resale

Share percentage 25%, full price £500,000, £12,500 Min Deposit.

Available
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£125,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £500,000, £12,500 Min Deposit.

Monthly Cost: £1,570
Rent £719, Service charge £312, Mortgage £539*

Calculated using a representative rate of 3.09%

Calculate estimated monthly costs

£
Eligibility

You will need to be earning a guidance income of £61,084. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £12,500. Total approximate savings required £16,500.

Important borough specific eligibility criteria

Borough of Barnet

All London applicants are welcome however applicants living or working in the Barnet borough will be given priority.

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

Fifth floor 3 bedroom home in the London borough of Barnet for £125,000 25% share price of £500,000 full market price, available through Shared Ownership.

Description

A three bedroom, fifth floor flat within a large modern residential development in Colindale, North West London.

The property is within walking distance of Colindale Underground Station (Northern Line). There are a number of local bus routes serving the area as well as a number of major roads.

The property is also within walking distance to the local shopping and recreational facilities within the area.

Ground floor

Communal entrance

Passenger lift

Fifth floor

Three bedrooms

Bathroom with WC

Separate WC

Hall

Reception/Kitchen

External

Communal gardens

GIA

75 sqm

Accessibility rating

F

EPC rating

D

Length of lease

113 years

Borough

Barnet

Key Features
  • Modern development
  • Lift access
  • Three bedrooms
  • Bathroom/WC and separate WC
  • Concierge facilities
  • Convenient transport links (Colindale Station 0.4m away)
  • Convenient local amenities including Tesco Express
Property Downloads
Floor Plan Energy Certificate
Map
Colindale (0.43 miles) Hendon Central (1.04 miles) Hendon (1.08 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.

£125,000
Shared Ownership Resale
Estimated Monthly Cost:£1,570
Rent £719
Service Charge £312
Mortgage £539

Share percentage 25%, full price £500,000, £12,500 Min Deposit. Calculated using a representative rate of 3.09%


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.