1 bedroom apartment for sale
Sheringham Court, Clayton Road, UB3 1AX
Share percentage 50%, full price £225,000, £11,250 Min Deposit.
Share percentage 50%, full price £225,000, £11,250 Min Deposit.
Monthly Cost: £1,154
Rent £418,
Service charge £165,
Mortgage £571*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £40,500. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,250. Total approximate savings required £15,250.
Important borough specific eligibility criteria
Hillingdon
Priority will go to applicants with a connection to Hillingdon but all applicants can apply.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
One Bedroom 5th Floor Flat In London Borough of Hillingdon Available Through Shared Ownership
Description
Ground Floor
- Intercom
- Security Door
- Entrance Foyer
- Stairs
- Lift
5th Floor
- Entrance hall with storage cupboard
- Lounge/Kitchen
- Bedroom
- Bathroom
External
- On street parking (permit controlled)
GIA
45.25 sqm
Length of lease
108 Years Remaining
Key Features
- Intercom
- Security Door
- Lift
- Off street parking
Local Transport
Hayes & Harlington - 0.1 mile
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Map
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 50%, full price £225,000, £11,250 Min Deposit. Calculated using a representative rate of 4.64%
