3 bedroom apartment for sale
Flats 1 Woolner Court, 38 Foster Street, NW4 2FE
Share percentage 25%, full price £590,000, £7,375 Min Deposit.
Share percentage 25%, full price £590,000, £7,375 Min Deposit.
Monthly Cost: £2,003
Rent £1,014,
Service charge £148,
Mortgage £841*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
A selection of 1, 2 and 3-bedroom homes available with Shared Ownership at Upper and Lower Fosters, Hendon.
Description
Join us onSaturday 6th April from 10am - 4pm at Barnard Marcus, 814 High Road, London N12 9QYfor the launch of our exciting new collection of homes atUpper & Lower Fosters, Hendon.
A selection of 1, 2 and 3-bedroom homes available with Shared Ownership.
Register your interest or call 020 8446 4143 to book your place today!
About the Development
Upper and Lower Fosters is a brand new development which will be offering a selection of 1, 2 & 3 bedroom homes. These homes are part of a larger project named ‘Reimagining Fosters’ delivering new and upgraded homes for the wider Barnet area. These modern, energy-efficient homes come with fantastic specifications, including underfloor heating, shared green spaces, new play areas, residents' storage and more.
About the home
This spacious 3-bedroom apartment features an open-plan kitchen/dining/living area that flows onto a private balcony, ideal for entertaining guests during the summer. The kitchen displays modern charm with Symphony cabinets and worktops, complemented by integrated Zanussi and Electrolux appliances.
The apartment comprises three generous bedrooms, with the primary bedroom featuring an en suite shower room. Additional highlights of this home include a stylish 3-piece family bathroom and ample storage space throughout.
About the Area
Hendon is an urban area located in the borough of Barnet in Northwest London. This prime location offers a selection of local amenities, including a range of eateries such as local favourite Mr Baker and Kaifeng which offers fantastic oriental dishes. The well known Brent Cross shopping centre is just five minutes' drive away, offering an extensive variety of retail shops.
There are also a range of Ofsted 'Good' and 'Outstanding' rated schools in the area as well as the local Hampstead Heath park which is great for hiking and summer picnics.
There are numerous local transport hubs including both Hendon Central which sits on the Northern line as well as Hendon Mainline which can get you to Farringdon in 22 mins.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
Key Features
- Brand new 2 bedroom apartment
- Flooring throughout
- Storage space
- Open plan living
- Zanussi appliances
- Underfloor heating
- 3 piece bathroom with shower over bath
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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 £590,000, £7,375 Min Deposit. Calculated using a representative rate of 5.26%
