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1 bedroom apartment for sale

Available

Ensign House, Aerodrome Road, NW9 5ZR

£75,000 · Shared Ownership Resale

Share percentage 25%, full price £300,000, £7,500 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£75,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £300,000, £7,500 Min Deposit

Monthly Cost: £1,236
Rent £631, Service charge £226, Mortgage £379*

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

A spacious 1-bedroom apartment close to Colindale station in Barnet, with access to a 24-hour concierge, residents' gym and spa.

Description
Property reference number: 1639578
 
This stylish 1-bedroom apartment is conveniently located just a short walk from Colindale Underground Station, providing excellent connections via the Northern line to central London and beyond. Local bus routes also serve the area, adding to the convenience for commuters.

The surrounding area boasts a fantastic range of amenities, including the Asda Colindale Superstore and Tesco Express for everyday essentials, as well as Bang Bang Oriental Food Hall and The Beaufort Pub for dining and socializing. For those seeking outdoor spaces, Roe Green Park, Silkstream Park, and West Hendon Playing Fields are all nearby, offering playgrounds, walking trails, and sports facilities.

The apartment itself features ample storage, brand-new blinds throughout, and benefits from a new lease. Residents enjoy access to premium facilities including a 24-hour concierge, a fully equipped gym, and a relaxing spa.
 
- Nearest stations: Colindale (0.6 miles), Hendon Rail Station (1.5 miles)
- Bus routes nearby: 186, 125
 
Key features:
- Spacious layout with ample storage
- Bright open-plan living and kitchen area
- Private balcony
- Residents' 24-hour concierge, gym and spa
- Close to Colindale station served by the Northern line
 
What happens after I register my interest?
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a 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, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you. 

What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, 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 homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.  

Financial information 
Tenure: Leasehold 
Remaining lease term: 176 years 
Annual ground rent amount: £150
Ground rent review period: Annually 
Annual service charge amount: £2,716.20
Service charge review period: Annually 
Council tax band: C

*Financial information correct as of 09.12.2024
Particulars

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

Property Downloads
Floor Plan Energy Certificate
Virtual Tour
https://app.seekbeak.com/v/76j0KmXJzK9
Map
Colindale (0.54 miles) Hendon Central (0.89 miles) Hendon (0.96 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

£75,000
Shared Ownership Resale
Estimated Monthly Cost:£1,236
Rent £631
Service Charge £226
Mortgage £379

Share percentage 25%, full price £300,000, £7,500 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.