Tel: 020 3271 0000 | Email:

Lacey Drive, Edgware
Fixed £128,000 (40%)

Under Offer
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  • LIFT

A luxury 1 bedroom second floor apartment situated in Edgware Green, a recently built development on the Stanmore/Edgware borders, close to Stanmore tube station and within the Eruv. The property benefits from Living room, open plan contemporary kitchen with integrated appliances, balcony, gated allocated parking, double glazing, lift, landscaped communal gardens and video entry phone security system. 52m2 / 560sq ft. FIRST TIME BUYERS ONLY. Share Value 40%

Entrance Hall
Built-in airing cupboard and video entry phone system.

Living Room
16' 5'' x 13' 1'' (5m x 4m)
Lots of natural light with a patio door to balcony, leading to a modern, open plan kitchen. Solid wood flooring.

8' 10'' x 9' 2'' (2.7m x 2.8m)
High-gloss, grey wall units with grey worktop and plinth. Integrated stainless steel oven, hob, cooker hood, washing machine and fridge-freezer and dishwasher. Solid wood flooring.

11' 6'' x 13' 1'' (3.5m x 4m)
Double bedroom. Woolmix carpeted flooring.

7' 3'' x 6' 11'' (2.2m x 2.1m)
Light grey suite comprising panelled bath with shower head, WC, hand washbasin with large mirror over and heated towel rail. Full height tiling around the bath. Tiled flooring.

Private balcony, gated car park, cycle storage and communal garden.

Leasehold: Approx. 122 years remaining.

Description Share Value(40%) £128,000 Monthly Rent £507 Service Charge £213 Minimum Income £40,000

What happens after I register my interest
What happens after I register my interest? After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

Important Information
If you agree to purchase the property, Peabody will require the following: • The purchaser must have a financial assessment with Peabody’s panel ‘Independent Financial Advisor’ • The purchaser will must complete a Peabody ‘Application form’ and ‘Reservation form’ • Peabody will collect a non-refundable holding deposit of £500 from the buyer. This will be deducted from the sale price at completion.

Shared Ownership Sales
Shared Ownership Sales • First Time Buyer only • Prohibited for sub-letting • No Pet Policy Subletting prohibited - Shared Ownership properties are aimed at first time buyer only who can't afford to buy a property on the open market and so mustn't be used in the buy-to-let capacity. With this in mind, subletting isn't usually allowed under the terms of a Shared Ownership lease and shouldn’t sell to anyone plan to rent the property out in order to make a profit. The full value of the property was determined by an RICS surveyor.

Further Information
Peabody Shared Ownership: • The purchaser must have a financial assessment with our panel ‘Independent Financial Advisor’ • The purchaser will must complete a Peabody ‘Application form’ and ‘Reservation form’ • We will collect a non-refundable holding deposit of £500 from the buyer. This will be deducted from the sale price at completion Please note that you must provide Peabody with the purchaser’s APPLICATION FORM & RESERVATION FORM along the chosen solicitor (for Shared Ownership or outright purchase). Peabody will issue a Memorandum of Sales and instruct solicitors upon receipt of a valid RICS valuation for the sale price (in the case where the valuation has expired before the buyer has been found). Peabody’s solicitor will issue the legal Information pack to the vendor’s solicitor and liaise with both vendor’s and purchaser’s solicitors. All legal enquiries for the sale will be handled by PEABODY LEASEHOLD TEAM (email: also email On completion of the sale, we will be forwarded the notice with relevant fee to approve the registration of the sale. We will only be able to approve this with the Land Registry and remove any title restrictions if the required process is followed.

Lacey Drive
Edgware HA8 8GA
County: Greater London
Sale Type: Under Offer
Ref #: BG008197

T: 020 3271 0000
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