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Aldenham Court - One Bed

Shared ownership

Edgware HA8 8FY, Edgware, HA8 8FY

For sale
Shared ownership
Photo of Aldenham Court - One Bed
Live from space album cover

from

£106,500

with min. deposit

£10,650

30% Share from
£106,500
Full market price
£355,000
Minimum deposit
£10,650
Monthly rent
£628
Monthly service charge
£197

1 bedroom flat

Once you have registered your interest, you will receive an email to book your viewing.

Aldenham Court is beautiful one bedroom, third floor apartment in a four storey development, with and approximate size of 58 sq. m. built approximately five years ago. The remaining time on the lease is 119 years.

There are good transport links with Stanmore and Edgware Underground Stations within easy reach, served by the Jubilee, Northern Lines and West Midlands Trains. Local buses serve the area and the night buses provide links to Central London locations.

Local amenities are located 0.2 miles away along London Road. For leisure and enjoyment, Stanmore …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area58
Number of floors1
Entrance floor3rd floor
Tenureleasehold
Lease years119

from

£106,500

with min. deposit

£10,650

30% Share from
£106,500
Full market price
£355,000
Minimum deposit
£10,650
Monthly rent
£628
Monthly service charge
£197
Peabody

Peabody

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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