2 bedroom apartment for sale
Ridley Court, 1 Cambridge Close, EN4 8RA
Share percentage 30%, full price £355,000, £10,650 Min Deposit.
Share percentage 30%, full price £355,000, £10,650 Min Deposit.
Monthly Cost: £1,207
Rent £416,
Service charge £253,
Mortgage £538*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £39,340. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,650. Total approximate savings required £14,650.
Important borough specific eligibility criteria
Barnet
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Two-bedroom ground floor apartment in Barnet available through Shared Ownership 30% for £106,500.
Description
Internal
- Entrance hall with storage cupboard
- Master bedroom with ensuite
- Second bedroom
- Open plan living room and kitchen
- Bathroom
External
- Private balcony
- Communal gardens
- Underground parking
GIA
- 55sqm
EPC rating
- C
Length of lease
- 109 years
Key Features
Transport
- Oakleigh Park (0.84 miles)
- Southgate (0.94 miles)
- New Southgate (1.21 miles)
Local Area
- Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities.
Particulars
Tenure: Leasehold
Lease Length: 109 years
Council Tax Band: E
Property Downloads
Floor Plan Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 30%, full price £355,000, £10,650 Min Deposit. Calculated using a representative rate of 4.59%
