2 bedroom apartment for sale

Available

Earlswood Court, 3 Lacey Drive, HA8 8GA

£127,500 · Shared Ownership Resale

Share percentage 30%, full price £425,000, £12,865 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Floor plan
floor-plan
Floor plan
floor-plan
£127,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £425,000, £12,865 Min Deposit.

Monthly Cost: £1,592
Rent £788, Service charge £255, Mortgage £549*

Calculated using a representative rate of 3.09%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

Two-bed (69m2), second floor apartment with ensuite, balcony and parking, now available in Barnet.

Description

Viewings now available | Register your interest today to book a viewing!

This two bedroom apartment with ensuitelocated inEarlswood Courtlocated on secondfloor,situated in a three storey modern development built around 2015. The approximate size of the property is 69sq. m. and the time remaining on the lease is 120years.

There are good transport links with Stanmore Station 0.6 miles away and Edgware Station 0.8 miles away. Local buses serve the area and the night buses provide links to Central London locations.

Within a 1.5 mile range you will find exquisite restaurants and bars filled with life and ambience. Three main supermarkets are within 0.8 miles from the property.

  • Nearest Station: Stanmore Station 0.6 miles away and Edgware Station 0.8 miles
    Bus Routes Nearby: 142 and 642

The property located on the secondfloor comprises:

  • Entrance: Hallway with two built-incupboards and video entry phone system.
  • Living Room: Spacious lounge with lots of natural light with a patio door to balcony and a modern open plan kitchen. Carpeted flooring.
  • Kitchen: High-gloss, grey wall units with white worktop and plinth. Integrated appliances in very good condition. Laminate wooden flooring.
  • Bedroom One: Double bedroom. Woolmix carpeted flooring.
  • Bedroom Two: Double bedroom with ensuite. Woolmix carpeted flooring.
  • Bathroom: Light grey suite comprising panelled bath with shower head, WC, hand washbasin with large mirror over and heated towel rail.Tiled flooring.
  • Ensuite shower: Light grey suite comprising shower, WC, hand washbasin and heated towel rail. Full height tiling around the shower. Tiled flooring.
  • Outside:Private balcony, allocated parking spacecycle storage and communal garden.

What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact Peabody.resales@peabody.org.uk and our team will be able to help you

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.

Financial information

  • Tenure:Leasehold
  • Remaining Lease Term: 120Years
  • Annual ground rent amount: £300 p.a. after final staircasing
  • Ground rent review period: 1st April annually
  • Annual service charge amount: £3,342.24
  • Service charge review period: 1st April annually
  • Council tax band: Band E
Key Features
  • Available through Shared Ownership
  • Beautifully presented
  • Great transport links
  • Private Balcony
  • Two Bedrooms
  • Ensuite
  • Secure Parking
Property Downloads
Floor Plan
Map
Stanmore (0.55 miles) Edgware (0.78 miles) Canons Park (0.89 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.

£127,500
Shared Ownership Resale
Estimated Monthly Cost:£1,592
Rent £788
Service Charge £255
Mortgage £549

Share percentage 30%, full price £425,000, £12,865 Min Deposit. Calculated using a representative rate of 3.09%


Development
Resales
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.