1 bedroom apartment for sale
5 Atlas Crescent, Edgware, Middlesex, HA8 8FW
Share percentage 75%, full price £250,000, £18,750 Min Deposit.
Share percentage 75%, full price £250,000, £18,750 Min Deposit
Monthly Cost: £1,240
Rent £159,
Service charge £151,
Mortgage £930*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
You will need to be earning a guidance income of £40,510. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx £18,750. Total approximate savings required £22,750
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
One bedroom flat available through Share Ownership in Edgware. A 75% share available for £187,500. Full value is £250,000
Description
One bedroom maisonette with allocated parking.
The property is situated in a mainly residential area with an average level of local amenities. The property is noted to be c lose to a railway beyond the rear boundary and close to public
sector housing
- One Bedroom
- Bathroom
-WC
-Living Room
-Kitchen
Particulars
Tenure: Leasehold
Lease Length: 115 years
Council Tax Band: C
Property Downloads
Floor PlanMap
Material Information
Total rooms:
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: Enquire with provider
Electricity: Enquire with provider
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 75%, full price £250,000, £18,750 Min Deposit. Calculated using a representative rate of 4.42%
