Share Price £270,000 (from 75% Min. Share)

Full Value £360,000 | £16,125 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Barnet

place 236 Watford Way, NW4 4UB

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Industrial Dwellings Society

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Two bedroom purpose built flat on third floor of a modern block


Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
  • Priority to applicants living or working in LB Barnet

Description

For sale two bedroom 3 person flat in small block with a lift on Watford Way.

The flat is in a quiet residential block and has central heating and double glazing.

There is access to a communal garden

Good transport links, close to shops, Sunny Hill Park and ashort walk to Brent Street.

Nearest station Hendon Central

Well insulated, soundproof walls and floors, low energy bills.


Key Features

Parking Space Included in secure garage


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.


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Calculate Monthly Cost

Share price
£ 270,000
Min. £270,000
Share percentage
Min. 75%
Your deposit
Min. £16,125
Monthly cost*
£1,642
Cost breakdown
£100
Rent
£210
Service charge
£1,332
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.