3 bedroom apartment for sale

Available

Plot 44, NW2 1LN

£146,250 · Shared Ownership New Build

Share percentage 25%, full price £585,000, £14,625 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£146,250 Shared Ownership New Build

Share percentage 25%, full price £585,000, £14,625 Min Deposit.

Monthly Cost: £1,736
Rent £789, Service charge £193, Mortgage £754*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

£
Summary

Brent Terrace apartment 44

Description

Platform House - Apartment 44

2nd floor, 89.7 sq.m floor space and parking available.

Full Market Value: £585,000

Shared Value (25%): £146,250

Minimum deposit: £14,625

Required income: £72,656

Buy your first home in Brent Terrace, North London

Positioned in the London Borough of Barnet, North London, Brent Terrace is set to become part of one of the biggest regeneration projects in Europe providing over 7,000 homes in Brent Cross. Residents can expect easy access into the city plus brilliant connections to the North and beyond with the opening of brand-new Brent Cross Thameslink station. The development area comes with it an abundance of exceptional nearby shops, fine dining restaurants, local parks for leisure activities.

Take the next step, own in Brent Cross, North London

As part of one of Barnet Council's most significant regeneration programmes, the development will transform the area of Brent Cross into a bright and vibrant new London district full of energy and life. The opening of the brand-new Brent Cross Thameslink train station provides the area with improved links to the London Borough of Barnet and a way of access to King's Cross St Pancras in under 15 minutes.

Enjoy putting roots down at Brent Terrace

With the re-development and refurbishment of Brent Cross Shopping Centre, plus the addition of a brand-new high street south of the North Circular, residents will have an abundance of shops, restaurants, cafes and office spaces, to choose from. The area will be well catered for the first-time buyers, individuals or families looking to set down their roots with plenty of schools in the local area to choose from and tons of open green spaces and leisure activities nearby.

What is Shared Ownership?

Shared Ownership allows you to buy a home, in an affordable way, in the area you know and love. It allows you to buy a share of your home - between 25% and 75%, with as little as a 5% deposit. You pay a mortgage on the share you own and rent the remaining share at a subsidised rate. You can increase your share in your home and staircase up to a larger share, and eventually full ownership.

Key Features

One allocated parking bay per household
Children's playground on-site
Private outdoor space to every home
Cycle storage available to all residents
10 minute walk from the brand new Brent Cross West Station*
Forthcoming travel links providing access to King's Cross St Pancras in under 15 minutes*

* Information taken from www.barnet.gov.uk/brent-cross-thameslink

Viewings

For those who would like to and are able to visit us, please email us to book your appointment today. If you would prefer to speak to our Sales Team from your own home, they are still on hand and can conduct appointments via phone, email and by virtual tour. *We are taking extra precautions to ensure the health and wellbeing of our customers, staff and members of the public.

Key Features
  • One allocated parking bay per household
  • Children's playground on-site
  • Private outdoor space to every home
  • Cycle storage available to all residents
  • 10 minute walk from the brand new Brent Cross West Station*
  • Forthcoming travel links providing access to King's Cross St Pancras in under 15 minutes*
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Brent Cross (0.62 miles) Cricklewood (0.79 miles) Hendon Central (0.96 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.

£146,250
Shared Ownership New Build
Estimated Monthly Cost:£1,736
Rent £789
Service Charge £193
Mortgage £754

Share percentage 25%, full price £585,000, £14,625 Min Deposit. Calculated using a representative rate of 4.80%


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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.