Belmont Apartments, 1-2 bed homes
Belmont Apartments offer a rare opportunity to buy through shared ownership a new one or two bedroom apartmentin a truly desirable North London location. Comprising 11 spacious, well-equipped properties arranged across a four storey building, the ground floor apartments all have the benefit of their own front door off the street, whilst several of the apartments on the higher floors have a private balcony or, in one instance on the top floor, a large roof terrace.
Belmont apartments benefit from an excellent location, on an established, attractive residential road between Highgate and Crouch End. Archway and Highgate underground stations are within reasonable walking distance, as are local schools, parks, restaurants, pubs and grocery stores.
This brand new, spacious and well-specified 2 bedroom apartment offers a first floor position and a bright, southerly-aspect to its kitchen/living area. Our homes offer a modern,sustainable living choice, finished to provide a tasteful, neutral canvas…ready for you to add your own, unique signature.
Share's available at:
30% share: £180,750
50% share: £301,250
60% share: £361,500
75% share: £451,875
Local area information
The development occupies an enviable location on Ashmount Road, adjacent to the tranquil Whitehall Park Consservation Area, a leafy enclave of Victorian red brick houses on streets named after Shakespearian characters. The area itself is elevated, meaning views towards The City are only a few minutes' walk from the development.
Min share price from: £158,750 for a 25% share
Full price from: £602,500
Minimum deposit from: £7,531
Monthly rent from: £1,091
There is only one available priced at £158,750 for a 25% share.
It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.
An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.
Leasehold, which is essentially the contract for the share you've bought.
It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.
Your solicitor can help you with this.