£85,000

This bright, charming one-bedroom apartment is now available in Hendon (North London) through Shared Ownership.

The property on the second floor comprises an entrance hall with storage cupboards, a spacious living room with a modern open-plan kitchen, one large bedroom, and a bathroom.

Outside, there is a private balcony, communal garden, a play area for children and allocated parking. Perfect for couples or singles.

Available for £85,000 for 25% share based on the marketing figure of £340,000.

Monthly rent - £536.93
Monthly Service Charge - £258.71
Total Monthly Charge - £795.64 plus mortgage required for 25% share.

An annual rent increase takes place every April

Perryfield Way in Barnet offers contemporary living within the Hendon Waterside development. The area boasts excellent transport links and is close to local amenities, while the scenic Welsh Harp Reservoir offers outdoor recreation opportunities.

Energy rating band - B
Environmental impact band - B

Years remaining on lease: 997

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.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.