3 bedroom apartment for sale
Glebelands Close, Finchley, N12 0AH
Share percentage 25%, full price £395,000, £4,938 Min Deposit.
Share percentage 25%, full price £395,000, £4,938 Min Deposit.
Monthly Cost: £1,605
Rent £745,
Service charge £297,
Mortgage £563*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Finchley, London
Description
This bright, modern, spacious three-bedroom apartment is now available in Finchley through Shared Ownership.
On the fifth floor, the property comprises an entrance hall, a spacious living room, a separate kitchen, three bedrooms, a bathroom, and a shower room.
Shared off-street parking spaces are available. This property is ideal for families.
Available for £98,750 for 25% share based on the marketing figure of £395,000.
Monthly rent - £745.09
Monthly Service Charge - £297.39
Total Monthly Charge - £1,042.48 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe flat is situated 0.8 miles south of North Finchley and benefits from proximity to the A406. There are seven schools within walking distance. Perfect for families with young children.
One can benefit from various modes of transport. From Finchley Central, one can be in Kings Cross (Central London) in 20 minutes.
Various leisure activities, outdoor spaces, shops, and restaurants are all within walking or driving distance making Finchley the perfect place to live.
EPC ratingEnergy rating band - B
Environmental impact band - C
Gross internal floor area: 84 m²
Living room: 4.27 x 4.27 m
Kitchen: 3.89 x 1.96 m
Bedroom 1: 3.66 x 3.51 m
Bedroom 2: 4.45 x 2.54 m
Bedroom 3: 4.67 x 2.13 m
Years remaining on lease: 970
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Three-bedroom apartment
- Off street parking
- Great travel links
- Schools nearby
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
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 £395,000, £4,938 Min Deposit. Calculated using a representative rate of 5.26%
