3 bedroom apartment for sale
Colindale, NW9 5XH
Share percentage 30%, full price £515,000, £15,450 Min Deposit.
Share percentage 30%, full price £515,000, £15,450 Min Deposit
Monthly Cost: £1,711
Rent £833,
Service charge £98,
Mortgage £780*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £66,222.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,450. Total approximate savings required £19,450.
Important borough specific eligibility criteria
London Borough of Barnet
All London applicants will be considered –with preference given to those who are either living or working in the Borough.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Three-bedroom second floor apartment in Colindale available through Shared Ownership 30% at £154,500. Full market value £515000.
Description
Excellent opportunity to acquire a light and spacious property in good condition with close proximity to Colindale station, local supermarkets, parks and schools.
Internal
The accommodation comprises:
Entrance hallway
Main bedroom
Second bedroom
Third bedroom
Open plan sitting room and kitchen
Family bathroom.
Separate cloakroom/w.c.
Two storage cupboards.
External
Two allocated parking spaces
Communal Garden
Admin Fee for Shared Ownership
£13.50
Ground Rent
£25.00
GIA
84 sqm
EPC rating
C
Lease length
114 years remaining
Borough
Barnet
Key Features
- The property is within walking distance of Colindale Underground station, (Northern Line). There are a number of local bus routes serving the area as well as a number of major roads.
- Journey time of 20 minutes to Euston station.
- The property is also within walking distance to the local shopping and recreational facilities within the area.
- The apartment is presented in good condition. All windows are
modern double- glazed units. Laminate flooring, tile and neutral carpet throughout. - Close proximity to independent cafes, restaurants, supermarkets, a gym and local parks.
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: E
Property Downloads
Floor PlanMap
Material Information
Total rooms: 6
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Communal Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Mains supply
Electricity: Mains supply
Broadband: Enquire with provider
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 30%, full price £515,000, £15,450 Min Deposit. Calculated using a representative rate of 4.59%
