1 bedroom apartment for sale

Available

Holborough House, 32 Lismore Boulevard, NW9 4DX

£102,000 · Shared Ownership Resale

Share percentage 30%, full price £340,000, £10,200 Min Deposit.

Available
1 bedroom
£102,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £340,000, £10,200 Min Deposit.

Monthly Cost: £1,208
Rent £545, Service charge £148, Mortgage £515*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than �90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

Back to market | 1-bed Shared Ownership homes at Colindale Gardens, NW9

Description
1-bed Shared Ownership homes at Colindale Gardens starting from £102,000 (min. 30% Share)

Located in the heart of a visionary new community, with stunning views over its main park, these seven contemporary pre-loved 1-bed Shared Ownership apartments offer every modern convenience and are ideal for those who love the idea of living in a rapidly up-and-coming district of London while being within easy reach of the City.

Whether you’re a first time buyer or a city slicker, there are a range of incentives available that could make it easier for you to make Holborough House at Colindale Gardens your dream home.

Make your home in the heart of North West London today!

What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact href="mailto:[email protected]" style="color:#0563c1; text-decoration:underline">[email protected] and our team will be able to help you.

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.

Financial information

Tenure: Leasehold
Remaining lease term: 246 Years
Annual service charge amount: £1,776
Service charge review period: 1st April annually
Council tax band: Band C
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Map
Colindale (0.25 miles) Hendon (1.01 miles) Burnt Oak (1.02 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.

£102,000
Shared Ownership Resale
Estimated Monthly Cost:£1,208
Rent £545
Service Charge £148
Mortgage £515

Share percentage 30%, full price £340,000, £10,200 Min Deposit. Calculated using a representative rate of 4.59%


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.