Share Price £84,375 (from 25% Min. Share)

Full Value £337,500 | £4,219 Min. Deposit

Scheme: Shared Ownership

Under offer

Nova at Queensbury Square - 1 bed apartment in Harrow

place Honeypot Lane, Queensbury, NW9 6RN

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Brand new 1 bedroom apartment available through Shared Ownership, only a couple minutes' walk from Queensbury station


Eligibility

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:

  • You must be at least 18 years old
  • Outside of London your annual household income must be less than £80,000
  • In London your annual household income must be less than £90,000
  • You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
  • You should not be able to afford to buy a home suitable for your housing needs on the open market
  • You must show you are not in mortgage or rent arrears
  • You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home

Please contact our sales team for eligibility criteria as this may differ with each development.


Description

Brand new show apartment now open by appointment only. Ready to move into now PLUS reserve today and we'll pay your legal fees!

A brand new collection of one, two and three bedroom apartments on Honeypot Lane in Queensbury, which are available with Shared Ownership.

Plot 188 - The Darwin

Dimensions

Kitchen/Living/Dining Area: 8.10m x 3.18m / 26'6" x 10'5"
Bedroom: 4.67m x 3.01m / 15'3" x 9'10"
Terrace: 3.34m x 1.55m / 10'11" x 5'1"
Gross Internal Area: 50.6 sq m / 544 sq ft

How does Shared Ownership work?

Shared Ownership is a Government-backed scheme for first-time buyers who are unable to afford a suitable home at the full market price.

You initially purchase between 25-75% of the home's market value. You then pay subsidised rent on the remainder calculated at 2.75% per annum.

Am I eligible?

To be considered eligible for the Shared Ownership scheme your yearly income must be below £80,000. For London the limit is £90,000.

Those who already own a home are not eligible for the scheme. You would need to sell your current home to be considered

Will I need to pay a deposit?

In terms of a deposit you will need 5% of the percentage of the home you're purchasing.

Nova at Queensbury Squareoffers beautifully designed, light filled apartments with spacious layouts and contemporary design features. Located on Honeypot Lane, there are plenty of local amenities close by including restaurants, late-night stores and cafes. With Queensbury station just a 5 minute walk away, central London is easily reached in under 30 minutes.

From its excellent north west London location, this selection of 1, 2 and 3 bedroom apartments enjoy the very best of all worlds. The historic charm of Harrow lies to the west, Barnet's abundance of open space to the east and the buzz of the city to the south.

Each apartment at Nova has been carefully designed to be energy efficient, comfortable and functional with an optimal use of interior space. The result is a collection of homes that provides the perfect base for the modern London resident.

*CGIs indicative only


Key Features

Kitchen / Living / Dining

• Paula Rosa Bellato Grey work top
• Paula Rosa – Manhatten Range – White Gloss
• Stainless steel 1.5 bowl sink with chrome mixer tap
• Integrated oven, hob, Smeg cooker hood, fridge freezer, dish washer and washer/dryer
• Stainless steel splashback
• LED chrome downlight
• Karndean flooring in grey limed oak, Herringbone style

Security

• Winkhaus safety catch to all windows
• Wired smoke and heat detectors with hush and battery back up
• Carbon monoxide detectors
• Multi lock beach veneer finish apartment door
• Digital audio video entry


Bedroom(s)

• Grey carpet
• Pendant lighting to all bedrooms


Bathroom & en suites

• Tempo Arc 170cm x 70cm Idealform Plus+ Bath
• Bath shower mixer, chrome plated
• Tesi Range basin with one tap hole
• Glass shower screen
• LED chrome downlights
• x 2 Croydex mirror cabinets to main bathroom
• Bevelled edge mirror above basin to en suite


Electrical

• Double sockets and light switches
• Satellite TV socket in living area (Sky Q compatible, subscription required)
• TV points in living and master bedrooms


Download Documents

Link to the floor plan Energy Certificate
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Calculate Monthly Cost

Share price
£ 84,375
Min. £84,375
Share percentage
Min. 25%
Your deposit
Min. £4,219
Monthly cost*
£1,160
Cost breakdown
£580
Rent
£160
Service charge
£420
Mortgage*
Calculated using a representative rate of 3.94%
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.