£101,250
A 1 bed shared ownership property available in Barnet, London
This bright and modern one bedroom apartment is now available in North West London through Shared Ownership.
The property is situated on the first floor and comprises an entrance hallway leading to the an open-plan reception room and modern kitchen, a good-sized bedroom and a modern bathroom. Perfect for singles or couples.
Outside, the property also benefits from a private balcony, accessed from both the reception room and the bedroom, with views overlooking the communal grounds.
SO Resi are listing this property for sale on behalf of the Landlord - Legal and General Affordable Homes. All enquiries received will be initially assessed for eligibility by SO Resi. Viewing appointments will be arranged directly via the shared owner once eligibility checks are completed.
For the purposes of processing and completing this application your personal data will be shared with Legal & General Affordable Homes and the existing shared owner in accordance with the information in our Privacy Policy at: SO Resi Privacy Policy. Please contact us if you require a copy of our Privacy Policy.
Available for £101,250 for 25% share based on the marketing figure of £405,000.
Monthly rent - £845.57
Monthly Service Charge - £300.66
Total Monthly Charge - £1,146.23 plus mortgage required for 25% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
LocationThe property is situated in a mixed residential area with a wide range of local amenities and convenient transport options.
Bus stops are just a 3 minute walk away, while Mill Hill East Underground station can be reached in around 8 minutes, providing easy access to the Northern line. From here, services reach Central London (Tottenham Court Road) in approximately 24 minutes. In addition, Thameslink rail connections are also available nearby at Mill Hill Broadway station.
Everyday shopping is easy, with several supermarkets just a short 2-7 minute walk away. A larger store is also easily accessible, around 21 minutes on foot or a quick 5 minute bus ride. The area is well‑served by a wide choice of shops, cafés and restaurants, creating a vibrant and convenient setting ideal for comfortable day‑to‑day living.
EPC ratingEnergy rating band - B
Environmental impact band - B
Lease informationYears remaining on lease: 994
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Other informationHow we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH
You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.