Available

£144,000

Laidlaw House, Medawar Drive, London, NW7 1SS
Share 40% / Full price £360,000 / Min deposit £14,400

Apartment
1 bedroom
1 bathroom

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Summary

Landmark development / Extensive communal grounds.

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: £360,000

Share Value (40%): £144,000

Monthly Rent: £459.62

Service Charge: £279.73

Council Tax Band: D

125 year lease commenced March 2018 - 116 years remaining

EWS1 form is available for the property - B1 rating

Enter this dual aspect apartment via a spacious hallway with storage. The light and bright open plan reception room has a south and west facing aspect opening onto a private balcony overlooking the communal gardens. The modern kitchen includes fully integrated appliances. A generous bedroom incudes a fitted wardrobe with sliding doors. The accommodation is completed with a contemporary bathroom.

This development is in a lovely tranquil setting of 47 acres of parkland & landscaped gardens, close to Mill Hill East tube (Northern line) & within less than a mile of Mill Hill Broadway's plethora of shops, cafes, restaurants & Thameslink station, which provides direct links to the City within 28 minutes. Also within easy access by car to central London, as well as within walking distance of excellent local schools, including the renowned Mill Hill School.

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 £52,012. 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. In order to register, please visit our website lqhomes.com to register and 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 April 2026.

Description

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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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£144,000 Shared Ownership Resale Full price £360,000
Estimated monthly cost £1,454
£

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