£550,000
(£568/sq. ft)
3 bed flat for sale
Burnt Oak Broadway, Edgware HA83 beds
1 bath
1 reception
969 sq. ft
Added on
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
£239 per month
Council tax band
D
Ground rent
Ground rent date of next review
Shared ownership details
You buy a share in the home that's right for you. Shares start from 25%. You'll pay a reduced rent on the share that SNG own and a monthly service charge towards the upkeep of communal areas and/or shared outdoor spaces. As your finances allow, you can buy further shares in your home and 'staircase' as and when you choose, meaning you'll own more and pay less rent.
Shared ownership percentage owned
25%
Shared ownership rent
£945 per month
About this property
Affordable Home
Ideal for First Time Buyers
Communal garden
Balcony
Double glazing
Open-plan living area
Appliances to include oven, ceramic hob, fridge-freezer and dishwasher
Contemporary fitted kitchen
Modern white bath with shower over bath, basin and wall-hung toilet
Short walk to Burnt Oak station on the Nothern Line
Shares start from 25%
Ensuite shower room off main bedroom
A spacious new three bedroom Shared Ownership apartment at Icon is available with Shared Ownership from £137,500 for a 25%.
Ready to move into! A modern three bedroom Shared Ownership apartment located on the 11th floor offers breath taking views across London. Only a short walk away Burnt Oak station on the Northern Line.
This three bedroom Shared Ownership 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 & affordability
Full Market Value: £550,000
25% Share Price: £137,500
Rent: £945 pcm
Minimum 5% Mortgage Deposit (25% share): £6,875
Approximate Service Charges: £281 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
• Ensuite in main bedroom
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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