1 bedroom apartment for sale

Available

Laidlaw House, Medawar Drive, NW7 1SS

£134,750 · Shared Ownership Resale

Share percentage 35%, full price £385,000, £13,475 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£134,750 Shared Ownership Resale

Share percentage 35%, full price £385,000, £13,475 Min Deposit.

Monthly Cost: £1,516
Rent £622, Service charge £210, Mortgage £684*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

Our Spring Offer: A £1,000 Amazon voucher on completion!* Stunning apartment on landmark development

Description

SHARED OWNERSHIP

Full Market Value: £385,000

Share Value (35%): £134,750

Monthly Rent: £621.66

Service Charge: £209.72

Council Tax Band:E

125 year lease commenced January 2018 - 119 years remaining

EWS1 form is available for the property - B1

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

This development is in a lovely tranquil setting of 47 acres of parkland & landscaped gardens, close to Mill Hill East tube (Northern line) & within less than a mile of Mill Hill Broadway's plethora of shops, cafes, restaurants & Thameslink station, which provides direct links to the City within 28 minutes. Also within easy access by car to central London, as well as within walking distance of excellent local schools, including the renowned Mill Hill School.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £56,680. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note thatapplicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered aproperty in one ofour schemes. In order to register, please visit our website lqhomes.com to register and obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correctas of November 2023.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.

Key Features
  • Stunning reception room leading onto private balcony with plenty of room to entertain
  • Modern kitchen with integrated appliances
  • Large bright bedroom with fitted wardrobe
  • Communal heating system
  • Ample storage
  • Extensive communal grounds
Particulars

Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: E

Property Downloads
Key Information Document Floor Plan Energy Certificate
Virtual Tour
Map
Mill Hill East (0.83 miles) Mill Hill Broadway (1.28 miles) West Finchley (1.50 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 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.

£134,750
Shared Ownership Resale
Estimated Monthly Cost:£1,516
Rent £622
Service Charge £210
Mortgage £684

Share percentage 35%, full price £385,000, £13,475 Min Deposit. Calculated using a representative rate of 4.64%


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.