1 bedroom flat for sale

Friern Barnet Lane, London, N20

Shared ownership £140,000

Property Description

Key features

  • Retirement property designed with the over 55s in mind
  • Purchase for only 70% of the open market value!
  • No rent or ground rent payable
  • Quarterly service charge is just 525.93
  • On-site scheme manager
  • Green suburban setting
  • Lift service to all floors
  • Communal gardens, lounge and laundry room
  • Off-street parking
  • External CCTV

Full description

Tenure: Leasehold, 99 years remaining

***Please quote HYD332 when enquiring.***

- Introduction -
This one bed retirement apartment is ideally located in the popular Hyde Court development in Whetstone. With its proximity to Barnet and Finchley you can enjoy a wide range of restaurants, shopping and leisure facilities. Conveniently close to The Spires shopping centre, Whetstone High Road and the High Road North Finchley, it offers an abundance of local amenities. The Northern Line is nearby and there are regular bus services for local travel.

Properties at Hyde Court are available as part of the affordable home ownership scheme, meaning you only pay 70% of the open market value. The 30% share not purchased is a 'payment discount' which is locked into the property. Owners do not pay any rent to Home Group on the percentage not purchased but they must pay a service charge as detailed in the listing below.

- What the owner says -
"The apartment is set away from the road so it is very peaceful. It is also filled with light on a sunny afternoon and the private balcony is an added benefit. Alarm pull-cords and personal touch pendant. Strong internet connection and communal TV aerial. Bus stops just outside building."

- Full Description -
- Apartment accessed through a communal entrance.
- Internal hallway with telephone entry system for your security and peace of mind.
- Kitchen (3.2m x 1.8m) benefits from a window, electric cooker/hob and fridge/freezer.
- Living room (5.3m x 3.2m) has French doors opening on to a private balcony (approx. 2 sq. m.).
- Bedroom (3.2m x 2.9m) with window and fitted wardrobe.
- Bathroom (1.9m x 1.7m) has walk-in shower with grab rails and frosted window.
- Gas central heating throughout.
- Carpets fitted to the living room, bedroom and hall. Vinyl flooring to the kitchen and bathroom.
- Well-maintained communal gardens.
- Off-street parking.

- Costs -
ONE BED FIRST FLOOR APARTMENT
PRICE - £140,000*
SERVICE CHARGE - £525.93 per quarter**
*This represents a 70% share of the full open market value of £200,000
**This includes: management charge, service charge, building insurance charge, building fund charge and sinking fund. Service charge is reviewed annually.



- General Information -
Tenure: Leasehold
Lease: Surrender and Regrant - 99 years
Approximate internal area: 44 sq. m.
Local Authority: London Borough of Barnet
Council Tax Band: B
EPC Rating: C (79)

- Terms and Conditions -
If you are interested in buying this home, you must be aged 55 or over. You will need to pass an affordability assessment and meet the independent living criteria. Further information is available on request

All prospective buyers must attend an interview with a Home Group representative and complete an application form to confirm their eligibility to purchase. They will also need to demonstrate they can afford the costs associated with home ownership and meet the terms of the scheme criteria.

Buyers' ability to meet the independent living criteria is determined via a medical status report from their GP, any costs borne from this are payable by the purchaser. Further information is available on request.

Once your application and medical status have been confirmed, we will contact you to let you know whether the purchase has been approved ahead of instructing all legal representatives.

- Viewings -
Viewings are held strictly by appointment - call today to arrange a mutually convenient time.

Applications are only accepted from those who have viewed the property. If you have viewed and would like to apply please register your interest with the Resales Team.


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
26 June 2019

Nearest stations

  • Totteridge & Whetstone (0.5 mi)
  • Woodside Park (0.8 mi)
  • Oakleigh Park (0.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Home Group, Re-Sales, Farringdon

Home Group Limited, Farringdon Point, 33 Farringdon Road, London, EC1M 3JF

0191 687 0268 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Totteridge & Whetstone (0.5 mi)
  • Woodside Park (0.8 mi)
  • Oakleigh Park (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Home Group, Re-Sales, Farringdon

Home Group Limited, Farringdon Point, 33 Farringdon Road, London, EC1M 3JF

0191 687 0268 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference HYD332. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Home Group, Re-Sales, Farringdon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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