2 bedroom apartment for sale
Greenford Avenue, W7 1LD
Share percentage 55%, full price £365,000, £20,075 Min Deposit.
Share percentage 55%, full price £365,000, £20,075 Min Deposit.
Monthly Cost: £1,660
Rent £563,
Service charge £83,
Mortgage £1,014*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £65,018. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx £20,750. Total approximate savings required £24,750.
Important borough specific eligibility criteria
Ealing
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
2 Bedroom Flat in Hanwell with Garden
Description
Lounge
Kitchen/Diner
Bedroom 1
Bedroom 2
WC
Rear Garden
69 Sq M
Key Features
2 Minute Walk to Hanwell Station (Elizabeth Line)
Rear Garden
Particulars
Tenure: Not specified
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 55%, full price £365,000, £20,075 Min Deposit. Calculated using a representative rate of 4.59%
