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1 Bedroom Apartment, Pennington Drive, N21 1TE

  • Price: £150,000 (50% share)
  • Status: Available

The development boasts Georgian style sash windows. The apartment comes with a good sized bedroom, recently carpeted hallway and lounge, a three piece bathroom suite and a kitchen. The property is decorated to a good standard throughout, and is set within beautiful landscaped gardens for communal use. There is gas central heating and an allocated parking space. The property is conveniently located close to many local amenities including Sainsbury’s, doctor’s surgeries and outstanding primary & secondary schools. An added benefit is the long remaining lease term of 168 years. There are excellent transport links nearby, with local buses serving Winchmore Hill, Southgate and Finchley. The M25 is approx 10-12 minutes drive with the North Circular approximately the same distance. This property would make an excellent home for first time buyers looking to buy their first home in a desirable location, viewing is highly recommended.

  • Full valuation price        £ 300,000
  • Share                                 50%
  • Share price                     £150,000
  • Rent per month             £ 255.74
  • Service charge per month £ 103.13
  • Minimum household income £ 46,754
  • Minimum savings £ 8,500
  • Approx Monthly Mortgage payments £ 568.58
  • Total Monthly Payments £ 927.45

Local information

Bus Routes:

W9 to Southgate Underground- (1 Min walk)


Oakwood Tube Station – 0.8 Miles

Southgate Tube Station – 1.08 Miles

Winchmore Hill Overground – 1.5 Miles

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Buy a share in a brand new or resale home from Metropolitan. You pay a mortgage on the part you own and a subsidised rent on the part you don’t own. Learn more about your buying options here.

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