2 bedroom apartment for sale

High quality two bedroom apartment in a prime location in Edgware is now available for Shared Ownership.

The development’s ultra-convenient central location, is a short walk away from Edgware Station Travelcard Zone 5 offering easy access to central London. Providing regular services to Camden Town and London Bridge via the Northern line, giving you great access to all that London has to offer. Parking is also available to purchase for those who prefer to travel by car^. Whilst boasting a diverse array of eating, shopping, and leisure experiences right on your doorstep too.

A great place to effortlessly live life to its full potential, with the very best of urban living design. In addition to private outdoor spaces for every home, landscaped communal and rooftop gardens are a perfect antidote to a busy lifestyle. There are also plentiful green spaces and countryside nearby, excellent schools, a vibrant community and regeneration in the borough, making Edgware a highly sought-after, long-term postcode to call home.

PRICING & AFFORDABILITY EXAMPLE

Full Market Value: £417,500

25% Share Price: £104,375

Rent £717.58pcm

Minimum 5% Mortgage Deposit (25% share): £5,219

Approximate Service Charges: £270.27pcm*

Shared Ownership Lease: 999 years*

Council Tax Band: TBC

SpicerHaart will be the Sales Agents managing the sales on SNG's behalf.

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee. At this development you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.

• Priority will be given to people who live or work in Brent.

• You have a deposit of at least 5% of the share value.

• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.

• This will be your only residence.

• You are a permanent UK resident or have indefinite right to remain. Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

* Length of Lease speak to sales consultant for further clarification

*These photos are for information purposes only and may not represent a true likeness

*Pet friendly subject to approval and admin cost.

Floorplans are not to scale and are indicative only. Location of windows, doors, bathroom fittings, kitchen units and appliances may differ. Dimensions given are approximate and should not be used to order carpets or furniture. External area sizes and locations may differ from those illustrated. Sovereign Network Group is charitable.