2 bedroom apartment for sale
Beddington House, NW7 1SU
Share percentage 30%, full price £525,000, £15,750 Min Deposit.
Share percentage 30%, full price £525,000, £15,750 Min Deposit.
Monthly Cost: £1,784
Rent £680,
Service charge £305,
Mortgage £799*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Two bedroom ground floor flat.
Description
Shared Ownership
Full Market Value: £525,000
Share Value (30%): £157,500
Monthly Rent: £679.54
Service Charge: £305.16
Council Tax Band: E
125 year lease commenced March/2022 - 122 years remaining
EWS1 - B1 rating
L&Q welcomes you to view this two bedroom, ground floor apartment.
This apartment is spacious and full of natural light. The Living room and kitchen are open-plan which leads onto a private balcony. The room benefits from floor to ceiling windows with lovely views. There are modern cream units and work surfaces with an integrated, oven and hob. Both the bedrooms are spacious and bright. The main bedroom has the benefit of a beautiful en-suite and fitted wardrobes. There is a family bathroom with a white suite and grey modern tiles which benefits from a bath.
Located a short walk from Mill Hill East Underground Station. Convenient transport links for Mill Hill East Northern Line tube station. Situated close to Mill Hill East tube (Northern line) & within less than a mile of Mill Hill Broadway's plethora of shops, cafes, restaurants & Thameslink station, which provides direct links to the City, as well as within walking distance of excellent local schools, including the renowned Mill Hill School.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £48,994. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of June 2024
Key Features
- Allocated Parking Space
- Central heating
- Balcony
- Good EPC Rating
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: E
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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 £525,000, £15,750 Min Deposit. Calculated using a representative rate of 4.64%
