Lee Close, Barnet, EN5 5HP
Summary
A 1 bed shared ownership property available in Barnet, London
Description
This cosy, well presented one bedroom apartment is now available in London (New Barnet) through Shared Ownership.
The property on the ground floor comprises an entrance hall with storage cupboards, a spacious living room with spaces or a dining area, a separate modern fitted kitchen, a large bedroom, a WC and a bathroom. The windows are upvc double glazed. The apartment has a phone entry system.
Outside, there is allocated parking, and a shared outdoor area. Perfect for couples or singles.
Lease disclaimer: The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Available for £162,000 for 60% share based on the marketing figure of £270,000.
Monthly rent - £329.48
Monthly Service Charge - £161.42
Total Monthly Charge - £490.90 plus mortgage required for 60% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
LocationThe property is in a mixed private and social residential area. There are various parks and nature reserves where one can enjoy fresh air.
There are plenty of shops and cafes where you can grab food or coffee. The transport links are good, making it easy to reach central London. Families enjoy the local schools that are well-rated.
EPC ratingEnergy rating band - D
Environmental rating band - C
Lease informationYears remaining on lease: 125
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.
Other informationHow 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.
Local area information
- New Barnet Rail Station (0.6km)
- High Barnet Underground Station (1.3km)
- Hadley Wood Rail Station (1.7km)
- Oakleigh Park Rail Station (1.9km)
- Cockfosters Underground Station (1.9km)
- Totteridge & Whetstone Underground Station (2.5km)
- Oakwood Underground Station (3.1km)
- Woodside Park Underground Station (4.0km)
- Southgate Underground Station (4.1km)
- New Southgate Rail Station (4.9km)
- West Finchley Underground Station (4.9km)
- Potters Bar Rail Station (5.0km)
- Arnos Grove Underground Station (5.1km)
- Mill Hill East Underground Station (5.5km)
- Grange Park Rail Station (5.6km)
- Winchmore Hill Rail Station (5.6km)
- Gordon Hill Rail Station (5.8km)
- Enfield Chase Rail Station (5.9km)
- Finchley Central Underground Station (5.9km)
- Crews Hill Rail Station (5.9km)
Disclaimer
Monthly cost calculator
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable.