2 bedroom apartment for sale
Bowthorpe Court, W3 7RL
Share percentage 25%, full price £525,000, £6,563 Min Deposit.
Share percentage 25%, full price £525,000, £6,563 Min Deposit.
Monthly Cost: £1,867
Rent £902,
Service charge £234,
Mortgage £731*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Final 2 bedroom apartment with Juliet balcony for Shared Ownership at Renaissance West, Acton
Description
Last opportunity to buy at Renaissance West
This generous two bedroom Shared Ownership apartment comprises a spacious open plan living area with a Juliet balcony and floor to ceiling windows from the living area, complete with a modern kitchen including integrated appliances. A welcoming hallway leads to the contemporary bathroom, the main double bedroom with fitted wardrobe, and the second bedroom is a spacious single bedroom, nursery or perfect workspace.
Residents can escape the bustle of the city in the landscaped communal terraces at this tranquil gated development within easy reach of Acton and Shepherds Bush.
As the final home at Renaissance West, applications are now open and ready to move into. Reserve this Shared Ownership home from just £99 - the lowest fee on the market*.
What is Shared Ownership?
The BeWest, part of Guinness Homes, Shared Ownership scheme is another way to buy your home. You buy a percentage, pay rent on the rest and pay a service charge. BeWest owns part of it – but you’re living there, you decorate it and decide when to sell. If you can afford the re-calculated monthly repayments required (as assessed by us), you can even carry on buying further shares to own it 100%.
If you have any questions about shared ownership in Acton then get in touch with us on 0300 456 0522.
Information:
- Last apartment remaining
- Full purchase price: £525,00
- 25% share price: £131,250
- Monthly rent based on 25% share: £902.34
- Monthly service charge: £234.47
- Minimum share initially available: 25%
- Maximum share initially available: 75%
- Staircasing to 100% allowable
- Tenure: Leasehold
- Years remaining on lease:125 Years (Lease commenced Sep 19, 2019)
- Council tax band: D
Please note: A financial advisor or mortgage broker can confirm if you can afford less than the advertised share (still between 25-75%), then we can approve your Shared Ownership recommended share, provided you meet other eligibility requirements.
*Correct as of October 2024, a survey conducted of over 137 providers of Shared Ownership revealed that Guinness Homes has the lowest payable reservation fee publicly available on websites and/or other marketing materials at £99 per Shared Ownership home. Prima Group require volunteer service instead of a reservation fee. Guinness Homes is a trading name of The Guinness Partnership Limited.
Key Features
- 3rd floor, two bedroom apartment
- Available to move into now
- Juliet balcony
- Versatile second bedroom/ office space
- Floor to ceiling windows
- Spacious open-planned living area
- Close to Local Shops and Amenities
- Well-managed and established community within a gated development
- Landscaped communal courtyard
- Pet friendly development
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan BrochureVideo Tour
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: No
Outside Space/Garden: Yes - Communal Terrace
Year property was built: Enquire with provider
Unit size: 67.5m2
Accessible measures: Enquire with provider
Listed property: No
Heating: Gas Central
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 25%, full price £525,000, £6,563 Min Deposit. Calculated using a representative rate of 5.03%
