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Spacious live-work apartment for sale

Honeypot Lane, Queensbury, London NW9

£330,000 total value - up to 90% sale under shared ownership scheme
Leasehold 125 year lease from 2013

This is a rare opportunity for an artist or creative practitioner to purchase a spacious and light newly built live-work apartment that incorporates an artist’s studio. Up to 90% can be purchased under the terms of the shared ownership scheme.

To qualify to purchase this apartment you must be able to provide evidence that you are an artist or a creative practitioner and the total household income must not exceed £90k p/a.

The property is one of five similar apartments for artists/ creatives that are part-owned and managed by the artists’ studio provider, ACAVA. It forms part of a residential development at Honeypot Lane NW9, located 10 minutes’ walk from Queensbury tube station on the Jubilee Line (30 mins to Baker Street) and was completed in 2016.

On the ground floor there is a good sized double bedroom, a large open plan living room/kitchen and a bathroom.

The purpose built apartment includes a generous, well-lit, double height studio space located on the lower level and directly accessible from the upstairs area.

The studio offers extensive uninterrupted wall space and high level windows that provide good natural light, a utility room with cleaning sink, washing machine and heating unit.

ACAVA is selling up to a 90% share of the property (with a preferred sale at or close to this percentage), currently valued at £330,000 with a 125 year lease (from January 2013). The buyer can sell their share after seven years.

The buyer(s) must become a member of ACAVA which costs a small one-off fee. Commercial businesses are not permitted.

Accommodation comprises

Ground floor:
Double bedroom: 11.0ft x 13.5ft
Living room / kitchen: 13.2ft x 22.0ft Bathroom and storage cupboard: 9.1ft x 9.8ft

Lower ground floor:
Studio: 20.2ft x 17.2ft (part double height) Utility room: 10.62ft x 9.76ft
Total area: 1228 sq. ft.
 

For more information contact

Rachel Lewis
email: rachel.lewis (at) acava (dot) org 
tel: 020 8960 5015

 

Ground Floor (690 sqft)

 

Lower Ground (538 sqft)

Total Area: 1228 sqft

 

Images


Living room, ground floor.

 


Kitchen, ground floor

 


Lower ground studio

 


Bedroom, ground floor

 


1 Acacia Court