1 bedroom apartment for sale

Under Offer

Waterfield House, Ealing Road, HA0 1GL

£75,000 · Shared Ownership Resale

Share percentage 25%, full price £300,000, £3,750 Min Deposit.

Under Offer
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£75,000 Shared Ownership Resale

Share percentage 25%, full price £300,000, £3,750 Min Deposit.

Monthly Cost: £1,034
Rent £408, Service charge £199, Mortgage £427*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Summary

A 1 bed shared ownership property available in Wembley, London

Description

Modern & bright one-bedroom apartment now available in Wembley, London, through Shared Ownership.

The property comprises of a living room, an open-plan fitted kitchen, and a bedroom with private balcony. This could be ideal for a couple or single person.

The flat is on the fifth floor of a newly built construction (circa 2019) and has double-glazed windows.

Minimum income required: £31,048

This is reduced if a larger deposit is available.

More shares can be purchased, from a minimum of 5%.

Available for £75,000 for 25% share based on the marketing figure of £300,000.

Monthly rent - £408.03
Monthly Service Charge - £198.60
Total Monthly Charge - £606.63 plus mortgage required for 25% share.

An annual rent increase takes place every April

Location

The property locates in a mixed residential area close to the district centre of Wembley. Undeground stations are less than 10 minutes away walking, with Piccadilly and Central lines accessible.

There is also the Stonebridge Park station, where the overground and Bakerloo lines can be found.

Several local amenities are to be found nearby. There are also two canals where people can take relaxing walks along and where several pubs and restaurants can be found.

There are also several green areas and parks nearby, such as the Horsenden Hill and the Pitshanger Park.

EPC rating

Energy rating band - B

Environmental impact band - A

Layout and dimensions

Gross internal floor area: 43.1 m²

Living room & kitchen: 4.95 x 4.62 m

Bedroom: 3.84 x 2.72 m

Lease information

Years remaining on lease: 120

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

Key Features
  • One-bedroom apartment
  • Modern construction (2019)
  • Private balcony
  • Great transport links
  • Available for 25% share
  • 5% minimum deposit only
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Alperton (0.41 miles) Hanger Lane (0.46 miles) Park Royal (0.78 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

Read More Read Less
  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£75,000
Shared Ownership Resale
Estimated Monthly Cost:£1,034
Rent £408
Service Charge £199
Mortgage £427

Share percentage 25%, full price £300,000, £3,750 Min Deposit. Calculated using a representative rate of 5.26%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.