3 bedroom apartment for sale
Plot 44, NW2 1LN
Share percentage 25%, full price £585,000, £14,625 Min Deposit.
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 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 25%, full price £585,000, £14,625 Min Deposit. Calculated using a representative rate of 4.80%