SHARED OWNERSHIP

Earlswood Court - Two Bed

SHARED OWNERSHIP

Earlswood Court - Two Bed

Register interest

Viewings now available | Register your interest today to book a viewing!

This two bedroom apartment with ensuite located in Earlswood Court located on first floor, situated in a three storey modern development built in 2015. The approximate size of the property is 77 sq. m. and the time remaining on the lease is 119 years.

There are good transport links with Stanmore Station 0.6 miles away and Edgware Station 0.8 miles away. Local buses serve the area and the night buses provide links to Central London locations.

Within a 1.5 mile range you will find exquisite restaurants and bars filled with life and ambience. Three main supermarkets are within 0.8 miles from the property.

  • Nearest station: Stanmore Station 0.6 miles away and Edgware Station 0.8 miles
    Bus routes nearby: 142 and 642

The property located on the first floor comprises:

  • Entrance: Hallway with two built-in cupboards and video entry phone system.
  • Living room: Spacious lounge with lots of natural light with a patio door to balcony and a modern open plan kitchen. Wooden flooring.
  • Kitchen: High-gloss brown wall units with white worktop and tiled backsplash. Integrated Zanussi appliances in very good condition. Wooden flooring.
  • Bedroom one: Double bedroom. Woolmix carpeted flooring.
  • Bedroom two: Double bedroom with ensuite. Woolmix carpeted flooring.
  • Bathroom: Light grey suite comprising panelled bath with shower head, WC, hand washbasin with large mirror over and heated towel rail. Tiled flooring.
  • Ensuite shower: Light grey suite comprising shower, WC, hand washbasin and heated towel rail. Tiled flooring.
  • Outside: Private balcony, allocated parking space, secure cycle storage and communal garden.

What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact Peabody.resales@peabody.org.uk and our team will be able to help you

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.

Financial information

  • Tenure: Leasehold
  • Remaining Lease Term: 119 Years
  • Annual ground rent amount: £0,00
  • Ground rent review period: Only applicable upon final staircasing
  • Annual service charge amount: £3,228
  • Service charge review period: 1st April annually
  • Council tax band: Band E

Floorplan

floorplan

Financials*

Full Value

£435,000

Share Price

£217,500

Share Value

50%

Monthly Cost

£1,751

Monthly Mortgage

£879

Monthly Rent

£603

Monthly Service Charge

£269

Minimum Household Income

£65,000

Maximum Household Income

£90,000

Deposit Required

£21,750

*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody sales team for more details.

Location

Earlswood Court, 3 Lacey Drive, London, Barnet, HA8 8GA Open in Google Maps

map

Transport

Education

Food and Drink

Leisure

Retail

Worship

Healthcare

Next steps

To book a property viewing, please register your interest and we will email you details on how to book online. Alternatively you can get in touch directly with our Resident Sales Team using the link below.

Register Your Interest...

Before submitting your details, please read the terms and conditions, and read how we will use your personal information as described in the privacy policy.