2 bedroom apartment for sale
Highbrook House, 49 Quayle Crescent, N20 0DY
Share percentage 25%, full price £560,000, £7,000 Min Deposit.
Share percentage 25%, full price £560,000, £7,000 Min Deposit.
Monthly Cost: £2,417
Rent £1,296,
Service charge £341,
Mortgage £780*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Barnet, London
Description
This bright, luxurious, well decorated two bedroom apartment is now available in Barnet through Shared Ownership.
The property on the third floor comprises of an entrance hall, a spacious living room with a modern open plan kitchen, two good sized bedrooms, two bathrooms, and a private balcony. Perfect for couples and small families.
The property also benefits from allocated parking and a concierge.
Available for £140,000 for 25% share based on the marketing figure of £560,000.
Monthly rent - £1295.94
Monthly Service Charge - £341.15
Total Monthly Charge - £1,637.09 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationHighbrook House located on Quayle Crescent N20 and off the A1000 High road, Whetstone. Totteridge lies immediately due west. North Finchley lies due south. East Barnet lies due east. Barnet lies due north. The M1 motorway system lies due west. There are several good transport networks nearby including: Totteridge and Whetstone Underground station – (0.4mi) and Woodside Park underground station – (1.1mi).
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 123
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.
Key Features
- Two-bedroom apartment
- Private balcony
- Allocated parking space
- Concierge service
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 25%, full price £560,000, £7,000 Min Deposit. Calculated using a representative rate of 5.03%
