2 bedroom apartment for sale
Cambridge Close, Neasden, NW10 0AW
Share percentage 52%, full price £400,000, £10,400 Min Deposit.
Share percentage 52%, full price £400,000, £10,400 Min Deposit.
Monthly Cost: £1,560
Rent £366,
Service charge £35,
Mortgage £1,159*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Neasden, London
Description
Traditional & spacious two-bedroom mid-terraced house now available in Neasden, North London, through Shared Ownership.
The property comprises a wide living room with access to a large private rear garden, a separate kitchen, and two large bedrooms on the second floor. This could be ideal for a small family.
There's also a small front garden and allocated parking.
Available for £208,000 for 52% share based on the marketing figure of £400,000.
Monthly rent - £365.85
Monthly Service Charge - £35.21
Total Monthly Charge - £401.06 plus mortgage required for 52% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area and is close to Neasden's town centre, about 10 minutes away. The house is also between two underground stations, Neasden (Jubilee Line) and Wembley Park (Jubilee and Metropolitan Lines), about a mile away. A train can lead to Baker Street in Central London in about 10 minutes from the stations.
Road travel is also convenient, thanks to the M1 in Brent Cross a short drive away.
All amenities are nearby, with more pubs, restaurants and shops in Neasden or Wembley.
There are also several schools in the area, many of which are within walking distance.
EPC ratingEnergy rating band - D
Environmental impact band - D
Gross internal floor area: 60.5 m²
Living room: 4.57 x 3.68 m
Kitchen: 3.00 x 2.69 m
Bedroom 1: 2.90 x 3.61 m
Bedroom 2: 3.61 x 2.59 m
Garden: 20.27 x 3.76 m
Years remaining on lease: 96
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
- Two-bedroom mid-terraced house
- Private rear garden
- Allocated parking
- Two storeys
- Available for 52% 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 52%, full price £400,000, £10,400 Min Deposit. Calculated using a representative rate of 5.03%