1 bedroom apartment for sale
2 Pellow Close, EN5 2UP
Share percentage 35%, full price £340,000, £11,900 Min Deposit.
Share percentage 35%, full price £340,000, £11,900 Min Deposit.
Monthly Cost: £1,170
Rent £405,
Service charge £161,
Mortgage £604*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £42,470. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,900. Total approximate savings required £15,900.
Important borough specific eligibility criteria
Barnet
This property is available to all applicants with priority to those living or working in 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.
Summary
One bedroom ground floor flat with parking available in Barnet through Shared Ownership
Description
This is a one bedroom ground floor flat located approx. 0.5 miles from High Barnet Underground Station. A range of shops can be found on the High Street approx. 0.6 miles away.
Accommodation
- Hallway
- Double bedroom
- Living room
- Kitchen
- Bathroom / WC
External
One parking space
GIA
55 sqm
EPC rating
B
Length of Lease
110 years remaining
Borough
Barnet
Key Features
- Parking
- Good transport links
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 35%, full price £340,000, £11,900 Min Deposit. Calculated using a representative rate of 4.64%
