1 bedroom apartment for sale
Portree House, W3 6GW
Share percentage 40%, full price £375,000, £15,000 Min Deposit.
Share percentage 40%, full price £375,000, £15,000 Min Deposit.
Monthly Cost: £1,589
Rent £571,
Service charge £257,
Mortgage £761*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Our Summer Offer: A £1,000 Amazon voucher on completion!* Great location / Long lease term / Private balcony.
Description
Shared Ownership
Full Market Value: £375,000
Share Value (40%): £150,000
Monthly Rent: £571.25
Service Charge: £256.88
Council Tax Band: C
250 year lease commenced Month/Year -244 years remaining
EWS1 - B1 rating
For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*
L&Q welcomes you to view this one bedroom, 2nd floor apartment.
A modern and bright apartment situated in a great location with lovely views over parkland. Entering the apartment on the second floor into the hallway you have a utility room and modern family bathroom. The hallway leads to a large modern decorated bedroom which has ceiling to floor windows overlooking the balcony and parkland, with the added advantage of fitted wardrobes. The main living area, with doors to a balcony, includes a contemporary kitchen with integrated appliances and a breakfast bar. The bathroom is well finished and features a bath tub with glass screen, wall cabinet and heated towel rail.
Tube and main line stations are less than a 20-minute walk away. Acton Central Overground station is just a seven minute walk from Churchfield Quarter. Acton Town (Zone 3) is on the Piccadilly and District line and offers regular services across London, as does the main line station where the Elizabeth Line will get you to Liverpool Street or Heathrow in approximately 20 minutes.
Acton is a bustling hub of activity, brimming with quirky coffee shops, interesting boutiques, funky pubs and bars and a vibrant local market, the majority of which can be found just a few steps from your front door. As well as plenty of amenities, Acton also has lots of outdoor space so it's perfect for a range of lifestyles.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £59,405 you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note thatapplicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered aproperty in one ofour schemes. In order to register, please visit our website lqhomes.com to register and obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correctas of February 2024 .
*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.
Key Features
- Modern Stylish Interior
- Good EPC rating
- Private Balcony/Terrace
- Located in one of the best well connected suburbs in London
- Lift
- Communal Heating
Particulars
Tenure: Leasehold
Lease Length: 244 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual 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 40%, full price £375,000, £15,000 Min Deposit. Calculated using a representative rate of 4.64%