1 bedroom apartment for sale
Banstead Court, W12 0QJ
Share percentage 40%, full price £330,000, £13,200 Min Deposit.
Share percentage 40%, full price £330,000, £13,200 Min Deposit
Monthly Cost: £1,478
Rent £486,
Service charge £326,
Mortgage £666*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Communal gardens and central atrium, private balcony.
Description
SHARED OWNERSHIP
Full Market Value - £322,000
You pay (40%) - £128,800
Monthly Rent - £505.56
Monthly Service Charge - £269.36
Ground Rent - N/A
Council Tax band - C
125 year lease commenced on November 2006 (108 years remaining)
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Priority will be given to applicants who live or work in Hammersmith & Fulham and who are registered with Hammersmith & Fulham's Homebuy Team.
Banstead Court is located within half a mile of East Acton station and is situated within the Old Oak & Wormholt Conservation Area, lying close to the Old Oak Common and Park Royal Regeneration zone, where the Elizabeth line connects to HS2.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £53,537. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. In order to register, please visit our website www.lqhomes.com to register and obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent, or other loan secured on it.
Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description, and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of February 2025.
Key Features
- Light and spacious living area with doors to private balcony.
- Separate kitchen fitted with grey wall and base units and white worktops, with spaces for cooker, fridge/freezer and washing machine.
- One double bedroom
- Bathroom WC fitted with white suite and shower over bath
- Two storage cupboards to hallway
- Video entry phone
- Communal heating
- Communal gardens and central atrium
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 40%, full price £330,000, £13,200 Min Deposit. Calculated using a representative rate of 4.59%
