Available

£150,000

Townsend House, 4 Cornforth Lane, Mill Hill, NW7 1SU
Share 30% / Full price £500,000 / Min deposit £15,000

Apartment
2 bedrooms
2 bathrooms

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Summary

Apartment set in 47 acres of communal grounds with strong community feel - suit sharers or families

Eligibility

You can apply to buy the home if all of the following apply:

  • your household income is £90,000 or less
  • you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

  • you're a first-time buyer
  • you used to own a home but cannot afford to buy one now
  • you're forming a new household - for example, after a relationship breakdown
  • you're an existing shared owner, and you want to move
  • you own a home and want to move but cannot afford to buy a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Description

SHARED OWNERSHIP

Full Market Value: £500,000

Share Value (30%): £150.000

Monthly Rent: £801.97

Service Charge: £312.51

Council Tax Band: E

125 year lease commenced June 2019 - 118 years remaining

EWS1 certification is available - B1 rating

** If you would like to arrange a viewing for this property please click the link to register your interest online. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing **

This beautifully presented dual aspect apartment is spacious and full of natural light. The open plan living kitchen area is lit by floor to ceiling east facing windows and opens onto a pretty south facing private balcony with lovely views over landscaped gardens, which also provide privacy. The modern kitchen is fitted with pale units and work surfaces and comes with integrated appliances. There are two generous double bedrooms each with fitted wardrobes and the master also benefits from an en-suite shower room. A contemporary family bathroom completes serves the second bedroom.

Set within 47 acres of communal grounds, located a short walk from Mill Hill East Underground Station.(Northern line) and within less than a mile of Mill Hill Broadway Thameslink station, which provides direct links to the City.

A wealth of retail options are provided by the bustling high streets of neighbouring Mill Hill Broadway, Whetstone and High Barnet, along with the nearby Brent Cross shopping centre. Families will want to know excellent local schools, including the renowned Mill Hill School are within walking distance.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £66,269. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of March 2026.

Description

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Material information

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My Places Include travel time from key places

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.

L&Q Group
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.
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£150,000 Shared Ownership Resale Full price £500,000
Estimated monthly cost £1,859
£

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