1 bed flat for sale

5 Bevan House, 1 Rookery Lane, Barnet, London EN4

Highlight Housing, The Affordable Homes Agency, working with L&G Affordable Homes, is pleased to present this delightful one bedroom Shared Ownership apartment at 5 Bevan House, 1 Rookery Lane, Barnet. The price shown represents purchasing a 25% share of the property.

Property Overview

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 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, parking space and a shuttle bus service 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: £430,000
• 25% Share Value: £107,500
• Rent on unowned share: £1,022.54 per month
• Service charge £111.41 per month
• Estate charge £104.31 per month
• Buildings insurance £16.21 per month
• Management fee £34.89 per month
• Reserve fund payment £27.49
• Lease Length: Approximately 217 years remaining

Local Area: - 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.

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

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent, service charges and other costs will increase over time and should be considered carefully. Failure to meet mortgage, rent or service charge payments could put your home at risk.