1 bedroom apartment for sale
8 Octavia Hill Lodge, Elmgrove Road, HA1 2TE
Share percentage 25%, full price £355,000, £8,875 Min Deposit.
Share percentage 25%, full price £355,000, £8,875 Min Deposit.
Monthly Cost: £1,210
Rent £610,
Service charge £152,
Mortgage £448*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
1 Bedroom Shared Ownership Apartment
Description
Octavia are pleased to introduce this brand new 1 bedroom apartment at our new development The Elms.
The Elms offers well-proportioned apartments, all with private outdoor space, fully fitted kitchen, stylish modern bathroom and open plan living areas. Conveniently located on Elmgrove Road, The Elms is a short walk from local shopping centres, cafes and restaurants of Harrow-on-the-Hill. The development is also walking distance to both Harrow-on-the-Hill and Harrow & Wealdstone stations, boasting quick connections into central London.
Call us now on 020 8354 5624 or email [email protected] to arrange a viewing.
Key Features
• Balcony or terrace to all apartments
• Karndean luxury vinyl flooring to entrance hall, kitchen and living area
• Fitted wardrobe with 2 panel sliding door to master bedroom
• Soft carpet to bedrooms
• White skirtings and architraves
• Door entry system in apartments
• Four zone ceramic hob
• Integrated extractor fan
• Integrated fridge/freezer
• Integrated dishwasher
• Stainless steel electric oven
Particulars
Tenure: Leasehold
Lease Length: 145 years
Council Tax Band: Not specified
Property Downloads
Floor Plan BrochureVirtual Tour
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 25%, full price £355,000, £8,875 Min Deposit. Calculated using a representative rate of 4.59%
