£430,000
(£561/sq. ft)
2 bed flat for sale
Burnt Oak Broadway, Edgware HA8New home
Shared ownership
Leasehold
2 beds
1 bath
1 reception
766 sq. ft
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an "affordable rent" on the share you don't own.
Key information
Tenure
Leasehold (125 years)
Service charge
£235 per month
Council tax band
A band has not been assigned yet
Ground rent
Ground rent date of next review
Shared ownership percentage owned
25%
Shared ownership rent
£756 per month
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About this property
Communal garden
Balcony
Double glazing
Contemporary fitted kitchen units in shades of white or grey
Complimentary worktops, upstands and brushed-steel-finish integrated appliances
Luxury vinyl flooring - Amtico in the living areas
Breathtaking views across London
5 minutes walk from Burnt Oak station for the Northern Line
Communal Courtyard
Lifts to all floors
A spacious new apartment at Icon is available with Shared Ownership from £107,500 for a 25%.
Ready to move into! A modern two bedroom apartment offering breathtaking views across London. Only a few minutes’ walk away Burnt Oak station on the Northern Line.
This two bedroom home in the Icon development is the very best in luxe urban living, with high-end but understated contemporary design. The open-plan living space is perfect for relaxing or entertaining friends, featuring soft tones, high-quality flooring, spotlights and built-in media and data points.
The contemporary kitchen features soft-close doors and drawers, stone/concrete effect worktops and brushed-steel-finish integrated appliances that include fan oven, extractor fan, hob, fridge-freezer and dishwasher. The bedrooms feature a neutral wool-mix carpet and soft downlighting. A contemporary bathroom suite completes the layout.
In the Borough of Barnet, north London, Burnt Oak is an up and coming neighbourhood that has great transport links into central London but is also close to acres of open green space. It’s the best of both worlds, especially if you’re all about wfh or the new era of hybrid working.
Burnt Oak stands out from other suburban areas for its interesting mix of cuisines and independent restaurants, making it something of a foodie destination.
Pricing
Full Market Value: £430,000
25% Share Price: £107,500
Rent: £739.06 pcm
Minimum 5% Mortgage Deposit (25% share): £ 5,375
Approximate Service Charges: £ pcm*
Shared Ownership Lease: 125 years*
Council Tax Band: D
Features:
• Open-plan living
• Contemporary fully fitted kitchen with integrated appliances
• A spacious balcony with far reaching London views
• 5 minutes’ walk to Burnt Oak station on the Northern Line
• Sainsbury's and Jetts gym are just moments from your doorstep
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• 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
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.
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