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2 bedroom apartment for sale

Available

19 Collison Avenue, EN5 3BQ

£161,000 · Shared Ownership Resale

Share percentage 35%, full price £460,000, £16,100 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony
Parking
£161,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £460,000, £16,100 Min Deposit

Monthly Cost: £1,938
Rent £922, Service charge £217, Mortgage £799*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

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Eligibility

As a guide you will need to have a household income of at least £78,265. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,100. Total approximate savings required £20,100.

Important borough specific eligibility criteria

Barnet

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

2-Bedroom Flat with Balcony & Parking in Barnet – Share price from 35%, £161,000. Full value £460,000

Description

Located in a modern development in the heart of Barnet, this well-presented two-bedroom, Ground-floor flat offers spacious living at approx. 74.83 sqm. The home features an open-plan reception and kitchen area, two bright bedrooms, and a contemporary bathroom. Enjoy outdoor space on your private balcony and benefit from allocated parking. With excellent transport links and local amenities nearby, this leasehold property with 119 years remaining.

EPC Rating: B

Monthly Charges

Ground Rent: £29.17

Service Charge: £217.37

Rent: £921.90

Admin Fee: £13.50

Key Features

* Two spacious bedrooms

* Open-plan reception and modern kitchen

* Private balcony

* Allocated off-street parking

* Purpose-built ground-floor flat

* Approx. 74.83 sq. m. of internal living space

* Well-maintained and in good overall condition

* Long lease 119 years remaining

Particulars

Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: G

Map
High Barnet (1.05 miles) New Barnet (1.97 miles) Hadley Wood (2.16 miles)
Material Information

Total rooms: 2

Furnished: Enquire with provider

Washing Machine: Yes

Dishwasher: Yes

Fridge/Freezer: Yes

Parking: Yes - Allocated

Outside Space/Garden: Yes - Private Balcony

Year property was built: 2018

Unit size: Enquire with provider

Accessible measures: Yes

Heating: Gas Central

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

£161,000
Shared Ownership Resale
Estimated Monthly Cost:£1,938
Rent £922
Service Charge £217
Mortgage £799

Share percentage 35%, full price £460,000, £16,100 Min Deposit. Calculated using a representative rate of 4.42%


Notting Hill Genesis Resales
View properties by this developer
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.