Register your interest for The Chase Collection
Resale
16 Barnham House
Barnham House, 3 Rookery Lane, Barnet, EN4 0FA
One Bedroom Apartment resale
With healthy living at its core, the stunning Shared Ownership apartments are set amidst a 56 acre estate, enclosed by over 400 acres of parkland which is perfect for evening runs or morning dog walks.
This outstanding third floor, one-bedroom apartment has been built to the highest standards with generously-sized rooms and a comfortable layout. The kitchen has been fitted with new A-rated equipment and the contemporary decor complements the historical notes part of the magnificent environment’s distinguished heritage. This truly is is a small oasis away from the busy surroundings.
Enjoy modern living with all of the perks including video entry phone security system, landscaped gardens, cycle storage and stunning integrated appliances, there is also a lift, balcony, allocated parking space and a shuttle bus service that runs from the development to Oakwood Hill station, plus the added benefits of an onsite gym and swimming pool (subscription fees payable for use).
You’ll have a pep in your step this spring at Trent Park with of all the local boutiques, shops, restaurants and cafes on Cockfosters High Street. Not to mention an 18-hole golf course, an equestrian centre, and other first-class sports facilities. Only a little further are some outstanding nursery, primary, secondary and independent prep schools.
Financial Breakdown
- Full Market Value: £425,000
- 25% Share Value: £106,250
- Rent on unowned share: £916.88 per month
- Service charge £126.21 per month
- Estate charge £120.94 per month
- Buildings insurance £14.52 per month
- Management fee £34.89 per month
- Reserve fund payment £27.22
- Total monthly payment: £1,240.66
- Lease Length: Approximately 218 years remaining
What is Shared Ownership?
Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property’s value, while paying a subsidised rent on the remaining share.
The share purchase price is based on the full market value of the property, and your rent is calculated on the remaining share owned by the landlord.
Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%.
Eligibility Criteria
To be eligible for Shared Ownership, you will need to:
- Have a combined household income under £90,000 per annum
- Be unable to purchase a suitable home on the open market
- Not already own a home or you will have sold your current home before you purchase
- Meet one of the standard criteria, such as being a first time buyer or forming a new household
Where town meets country
Surrounded by nature, one of the beauties of living in Trent Park is the sights, sounds and the peace and quiet of the surrounding 413 acres of parkland. Most of it comprises ancient woodland and natural grassland dotted with lakes and ponds, not to mention several historic monuments. There really is so much to see and enjoy right on your doorstep.
Yet within walking distance of all this natural splendour are the boutiques, local shops, restaurants and cafes on Cockfosters High Street. Not to mention an 18-hole golf course, an equestrian centre, and other first-class sports facilities. Only a little further are some outstanding nursery, primary, secondary and independent prep schools.
Also easily reachable by foot is a tube station which will take you to Kings Cross in central London in only 26 minutes. By car, meanwhile, the M25 is just 14 minutes, with no fewer than three airports within 45 minutes’ drive.
The Chase Collection
Your estimated costs
(service charge not included)
Household income
The estimated minimum household income required
Monthly mortgage
The estimated monthly mortgage payments on the share you're purchasing
Monthly rent
The estimated monthly rent on the share that you do not own
Total monthly costs
The total estimated monthly costs of the mortgage and rent payments
The monthly costs (ex service charge) are as follows. They are calculated from mortgage repayments and rent. Please note, this is excluding service charges which vary by property and scheme. Calculations do not include service charges. Service charges will have to be paid and thus part of the calculation that ascertains your affordability. Please contact a member of the team for more information.
Images of 16 Barnham House
Location
Eligibility Criteria
- Have a gross household income of no more than £90,000 per annum
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Not already own a home or you will have sold your current home before you purchase
- Surrounded by 400 acres of natural parkland
- Access to King's Cross in 30 minutes from Oakwood Station
- One bedroom, third floor apartment
- Private balcony
- High specification with integrated kitchen appliances and freestanding washer/ dryer
- Allocated parking space & cycle storage
- Located in a pet friendly, secured gated community
- Residents shuttle bus service to Oakwod Station
- Access available to onsite gym facilities and swimming pool (subscription fees payable for use)
- Floorplans
- 360 Tours
- Key Information Documents