2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (990 years remaining)
- Ground floor Shared Ownership apartment spread over 831 sqft
- Integrated kitchen appliances and freestanding washer/dryer
- Ensuite bathroom and built in wardrobe to the main bedroom
- 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 98 is a new 2 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 831 sqft, the apartment offers a high specification with integrated kitchen appliances and a washer/dryer 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: £505,000
- 25% Share Value: £126,250
- Min. Deposit of Share Value (25%): £31,563
- Rent on Unowned Share (75%): £758 per month
- Service Charge: £318.43 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
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Property reference Legal & General Affordable Homes_Ridgeway Views_20845_Plot 98 - 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
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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
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Energy Performance data and Internal floor area
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