1/12
£225,000
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• 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.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £900,000 and a purchaser would not need to meet the eligibility criteria listed above.
Shared Ownership
This superb modern home is available to buy from as little as £225,000 with a 25% share!
A stunning duplex apartment located in this modern development within the heart of vibrant Whetstone. The property offers bright, stylish accommodation across two floors and allocated underground parking. On the lower floor, the property provides an impressive open plan living space, ideal for entertaining, with floor to ceiling windows and a beautiful kitchen fitted with modern appliances and a central island. Doors open on to a private terrace. Additional features include a utility space and downstairs WC. Upstairs, there are three light and airy double bedrooms, two with walk in wardrobes and a beautiful modern three piece bathroom. One bedroom, currently being utilised as additional reception space, has access to a balcony.
Sought after Whetstone provides a bustling array of amenities and eateries that cater for many needs. This property is located a short distance from the High Road and provides easy access to Totteridge and Whetstone underground.
There are many green spaces which offer pleasant walks and leisure opportunities.
Whetstone offers an excellent balance of daily convenience, green leisure, strong schooling, and transport connectivity—combined with historic charm and a friendly community vibe. Ideal for families, commuters, and anyone seeking a suburban London location with city access.
PRICING & AFFORDABILITY
Full Market Value: £900,000
25% Share Price: £225,000 (rent £1,519.92pcm)
Minimum 5% Mortgage Deposit (25% share): £11,250
Approximate Service Charges: £378.34 pcm*
Lease: 117 years
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership