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Shared ownership£97,500
Added > 14 days

1 bedroom flat for sale

Plot 100 - Ridgeway Views - 25% at Ridgeway Views, The Ridgeway, Mill Hill, London NW7
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New build
EV charger
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Flat
1 bed
1 bath
565 sq ft / 53 sq m

Key information

Tenure: Leasehold | 25% share | rental £390pcm | 990 yrs left
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Leasehold (990 years remaining)
  • Ground floor Shared Ownership apartment in a beautiful location
  • Private terrace area off the open plan kitchen/living/dining room
  • Integrated kitchen appliances and freestanding washer/dryer
  • Allocated parking and cycle storage
  • Energy efficient new apartment
  • Residents' gym, concierge service and café area
  • Free 2 year membership and £50 credit with Enterprise Car Club
  • Choose from two of three travel incentives: Oyster Card with £150 credit, a cycle shop voucher worth £150 and/or £150 worth of car club credit
  • Beautiful woodland surroundings with fitness trails
  • Excellent transport links to Central London

About This Apartment

Plot 100 is a new 1 bedroom Shared Ownership apartment located on the ground floor at Ridgeway Views, set on a stunning hilltop location within 45 acres in the idyllic Mill Hill conservation area.

Spread across 565sqft, the apartment offers a high specification with integrated kitchen appliances and a washer/dryer, a private terrace area and allocated parking.

Living at Ridgeway Views, you'll have an abundance of green space on your doorstep with beautiful woodland surroundings, landscaped green areas and fitness trails. You'll also have access to a residents' gym, concierge service and café area, with excellent transport links to Central London.

Apartments at Ridgeway Views are available to purchase with Shared Ownership from a 25% share.

Please note, Ridgeway Views is subject to annual household income caps which vary between £41,562 and £65,087 per annum. These caps are applicable based on Priority Groups. You can use Shared Ownership to buy alone or with another person as long as your joint incomes don't exceed the maximum earnings bracket. You must also have a live or work connection in the Borough of Barnet to apply.

Financial Breakdown Based on a 25% Share:

  • Full Market Value: £390,000
  • 25% Share Value: £97,500
  • Min. Deposit of Share Value (33%): £32,175
  • Rent on Unowned Share (75%): £390 per month
  • Service Charge: £261.92 per month
  • Council Tax: TBC*

These figures are a guideline and may vary according to individual incomes and circumstances. Please speak to one of our sales consultants for a detailed breakdown.

About Ridgeway Views, Mill Hill

Mill Hill Village is a hidden treasure within London's green-belt countryside and is one of London's oldest communities. The village and its local area off a wide range of excellent established amenities, including a village pub and several sporting clubs, with efficient transport links to the West End, central London and Heathrow.

Ridgeway Views features a careful redevelopment of the iconic National Institute of Medical Research (NIMR) and has been designed to provide a sustainable lifestyle with 240 EV charging points, over 4000 new or retained trees, 898 cycle spaces and circa 500 solar panels across the development.

Just a short walk away is Mill Hill East underground station, which provides connections to Euston and King's Cross St Pancras in under 30 minutes and London Waterloo and London Bridge in just over that.

What is Shared Ownership?

Shared Ownership offers you the chance to buy a share of your home (typically between 25% and 75%) and pay rent on the remaining share. Later on, you could buy more shares of your new home when you can afford to and, if you chose, own the property outright. Monthly costs to purchase a home via Shared Ownership are generally less than purchasing outright or renting, making it a great option to get onto the housing ladder.

Eligibility Criteria

Please note, Ridgeway Views is subject to annual household income caps which vary between £41,562 and £65,087 per annum. These caps are applicable based on Priority Groups. You can use Shared Ownership to buy alone or with another person as long as your joint incomes don't exceed the maximum earnings bracket. You must also have a live or work connection in the Borough of Barnet to apply..

To be eligible for to purchase a Shared Ownership home at Ridgeway Views you'll also need to:

  • Not already own a property, or part of a property, at the time of completing on your purchase
  • Be unable to purchase a suitable home to meet your housing needs on the open market
  • Have a minimum of £5,000 to cover the costs of buying a home

 

*Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with one of our sales consultants.

Exterior images of the buildings are computer generated and interior images shown are from other Legal & General Affordable Homes apartments. All images are indicative only and differ from the finished product.

Disclaimer

Eligibility CriteriaPlease note, Ridgeway Views is subject to annual household income caps which vary between £41,562 and £65,087 per annum. These caps are applicable based on Priority Groups. You can use Shared Ownership to buy alone or with another person as long as your joint incomes don't exceed the maximum earnings bracket. You must also have a live or work connection in the Borough of Barnet to apply.

Property information from this developer

Places of interest

    Request details
    A taste of village life with the convenience of city living Ridgeway Views is a new collection of 1 & 2 bedroom Shared Ownership apartments set within over 45 acres in the idyllic Mill Hill conservation area. These energy-efficient homes benefit from beautiful woodland surroundings, with landscaped green spaces and fitness trails situated behind them, and access to a residents' gym, concierge service and café area. Each apartment offers a high specification with integrated kitchen appliances, a freestanding washer dryer and an allocated parking bay as standard, with a balcony to the majority of apartments. Plus, enjoy a free 2 year membership and £50 free drive time credit with Enterprise Car Club and your choice of two of the three following incentives when you move in. Oyster card with £150 prepaid credit Cycle shop voucher to the value of £150 Car Club credit to the value of £150   Please note, Ridgeway Views is subject to annual household income caps which vary between £41,562 and £65,087 per annum. These caps are applicable based on Priority Groups. You can use Shared Ownership to buy alone or with another person as long as your joint incomes don't exceed the maximum earnings bracket. You must also have a live or work connection in the Borough of Barnet to apply.

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    *DISCLAIMER

    Property reference Legal & General Affordable Homes_Ridgeway Views_20845_Plot 100 - Ridgeway Views - 25%. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Legal & General Affordable Homes - Ridgeway Views.

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    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

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    Mobile phone signal availability and predicted strength

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    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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