2 bedroom apartment for sale
21 St Michaels Road, NW2 6XD
Share percentage 30%, full price £415,000, £6,225 Min Deposit.
Share percentage 30%, full price £415,000, £6,225 Min Deposit.
Monthly Cost: £1,651
Rent £814,
Service charge £128,
Mortgage £709*
Calculated using a representative rate of 5.26%
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.
- Priority will be given to applicants living and/or working in the borough of Brent however applications from outside the borough will be accepted.
Summary
2 Bedroom Shared Ownership Apartment
Description
General description
Octavia is pleased to present this two bedroom, ground floor shared ownership apartment in Cricklewood. The flat is contained in a three storey, modern and purpose built block which was constructed in 2012.
The apartment is well presented and benefits from its own private garden and designated, secure parking. Spacious with two bedrooms; 1 large and 1 medium size double. Double glazing throughout, 2 storage cupboards to the entrance hallway and a part tiled bathroom which includes a storage/airing cupboard (large enough to house a washing machine and additional storage), heated towel rail and ceiling extractor. Wood flooring, independent gas-fired central heating/hot water system served by a combination boiler and a fully fitted kitchen with integrated Indesit appliances.The communal area is secure and external grounds are well maintained, with additional shared green space available.
Location
The property is located in an established residential location with good local, multiple shopping facilities and amenities provided on Walm Lane, Cricklewood Broadway or Willesden Green. If you have a car you are a 15 minute drive from Brent Cross or Hampstead Heath and a 20 minute drive from Wembley shopping outlet which is located next to both Wembley Stadium and Wembley Arena. If you are particularly active, Gladstone Park is just a short walk away and a cycle store can be found within the gated community. There is also a good range of primary and secondary schools in the area.
Transport links
Within easy reach of central London, Cricklewood's transport connections are enviable, having the choice of two London Underground stations (Dollis Hill and Willesden Green) and a National Rail Thameslink connection (Cricklewood Station) which it a 15 minute walk away. Only a few minutes walk away, you can find Cricklewood bus garage which offers excellent public transport links. By rail, you can get from Cricklewood to Central London in just 20 minutes! There is also great access to the North Circular, M1 and M25.
Key Features
Tenure: Leasehold (Shared Ownership - Min 30% Share)
Size: Approx. 72.3 sqm
Rent: £814.29 per month
Service Charge: £128.42 per month
Particulars
Tenure: Leasehold
Lease Length: 113 years
Council Tax Band: C
Property Downloads
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 30%, full price £415,000, £6,225 Min Deposit. Calculated using a representative rate of 5.26%
