SHARED OWNERSHIP
Holborough House at Colindale Gardens
Share Price (30%) £102,000
Full Value Price £340,000
SHARED OWNERSHIP
Holborough House at Colindale Gardens
Share Price (30%) £102,000
Full Value Price £340,000
Located in the heart of a visionary new community, with stunning views over its main park, these seven contemporary pre-loved 1-bed Shared Ownership apartments offer every modern convenience and are ideal for those who love the idea of living in a rapidly up-and-coming district of London while being within easy reach of the City.
Whether you’re a first time buyer or a city slicker, there are a range of incentives available that could make it easier for you to make Holborough House at Colindale Gardens your dream home.
Make your home in the heart of North West London today!
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 enquiries@peabodynewhomes.co.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: 246 Years
Annual service charge amount: £1,776
Service charge review period: 1st April annually
Council tax band: Band C
Financials*
Full Value
£340,000
Share Price
£102,000
Share Value
30%
Monthly Cost
£1,249
Monthly Mortgage
£556
Monthly Rent
£545
Monthly Service Charge
£148
Minimum Household Income
£50,642
Maximum Household Income
£90,000
Deposit Required
£10,200
*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 New Homes team for more details.
Location
Holborough House, 32 Lismore Boulevard, London, Barnet, NW94DX Open in Google Maps