1 bedroom apartment for sale

Available

Signature House, High Street, HA8 7FP

£73,750 · Shared Ownership Resale

Share percentage 25%, full price £295,000, £3,688 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£73,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £295,000, £3,688 Min Deposit.

Monthly Cost: £1,346
Rent £593, Service charge £342, Mortgage £411*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

1 Bed Apartment for Shared Ownership

Description

Octavia is pleased to present this one bedroom, third floor shared ownership apartment in Edgware. The apartment contained in a three storey modern purpose built block, constructed in 2008.

General description

The apartment has the benefit of, inter alia, double glazing throughout, full fitted kitchen with Electrolux appliances, laminate wood strip flooring, independent electric central heating/hot water system and part tiled bathroom with heated towel rail and mechanical extractor. There is a private, covered balcony accessed from the open-plan living room, which has timber decking with metallic handrail, glazed infill panels and external lighting.

Location

The property lies within Edgware, to the north-west of London, which provides good local shopping facilities and amenities.There are a number of parks and green spaces within the local vicinity, with Canons Park only a short distance away.

Transport links

Edgware (London Underground) Station is located within easy reach to the east and numerous bus routes pass the property on the High Road.

Viewings

This property is available to view immediately, please register your interest and we will be in touch to arrange a viewing.

Key Features
  • Tenure: Leasehold (Shared Ownership - Min 25% Share)
  • Size: Approximately 51.6sqm
  • Rent:£593.35 per month
  • Service Charge: £341.97 per month
  • EWS1 Form available (B1 Rating)




Particulars

Tenure: Leasehold
Lease Length: 111 years
Council Tax Band: D

Property Downloads
Floor Plan Energy Certificate
Virtual Tour
Map
Edgware (0.27 miles) Canons Park (0.67 miles) Burnt Oak (1.01 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£73,750
Shared Ownership Resale
Estimated Monthly Cost:£1,346
Rent £593
Service Charge £342
Mortgage £411

Share percentage 25%, full price £295,000, £3,688 Min Deposit. Calculated using a representative rate of 5.03%


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.