1 bedroom apartment for sale
Cherry Blossom Court, Palladian Gardens, W4 2DG
Share percentage 26%, full price £400,000, £5,200 Min Deposit.
Share percentage 26%, full price £400,000, £5,200 Min Deposit.
Monthly Cost: £1,162
Rent £271,
Service charge £312,
Mortgage £579*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Chiswick, London
Description
Modern, bright & spacious studio apartment now available in Chiswick through Shared Ownership.
The property comprises a wide living, kitchen, and bedroom area. There's also a good-sized private patio. Ideal for a single person.
The flat is on the ground floor of a newly built construction (circa 2017); it has allocated parking space and communal green areas.
Available for £104,000 for 26% share based on the marketing figure of £400,000.
Monthly rent - £271.32
Monthly Service Charge - £312.34
Total Monthly Charge - £583.66 plus mortgage required for 26% share.
An annual rent increase takes place every April
LocationThe property is located just around the corner from Chiswick High Street, with many shops, restaurants and pubs all within walking distance; all amenities are nearby.
There are several train stations in the area, with the District Line available, as well as the overground. Victoria Station is about an hour away.
The M4 is also just a few minutes' drive away, allowing for easy road travel.
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 42 m²
Living room: 4.80 x 4.70 m
Kitchen: 2.92 x 2.57 m
Bedroom: 2.82 x 2.59 m
Patio: 3.71 x 1.37 m
Years remaining on lease: 118
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Studio apartment
- Modern building (2017)
- Allocated parking
- Great transport links
- Available for 26% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 26%, full price £400,000, £5,200 Min Deposit. Calculated using a representative rate of 5.03%
