1 bedroom apartment for sale
55 North Wharf Road, W2 1LA
Share percentage 25%, full price £675,000, £8,438 Min Deposit.
Share percentage 25%, full price £675,000, £8,438 Min Deposit.
Monthly Cost: £2,271
Rent £917,
Service charge £392,
Mortgage £962*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
To be eligible to apply for this property, you must:
- Be registered with Home Ownership Westminster*
- Have lived or worked in Westminster continuously for at least the last year
- Be a first time buyer or you will have sold any property you owned in the UK or abroad prior to completing on a property in Westminster
- Not exceed the maximum household income threshold of £90,000
*Applicants who are not currently registered can complete their registration using the link below:
https://www.homeownershipwestminster.co.uk/register
Summary
1 Bedroom Shared Ownership Apartment - NOW AVAILABLE IN PADDINGTON
Description
General Description
Octavia are pleased to present this lovely one bedroom, second floor apartment based in an established and near prime water side location of Central London, Paddington.
Situated on the second floor of a twelve storey high rise building, built in 2018.The apartment is in fantastic condition,facing southwest meaning the private balcony allows plenty of sunlight inside and wonderful views overlooking the Grand Union Canal. An open-plan lounge/kitchen which is fitted with integrated appliances, one double bedroom and family bathroom/WC which come with full height ceramic wall tiling and feature white Ideal Standard sanitary ware and complementing mixer taps.
Transport Links
Just a 6 minute walk to Paddington Station which is home to four major underground lines (Hammersmith & City, Circle, District and Bakerloo), as well as main line train connections. Paddington provides quick access to all parts of central London as well as having a direct 22 minute service to St Pancras International for European services.
Local Amenities
Good local schools, shops, leisure facilities can be found within 1/4 mile of the property. The West End is very readily accessible providing an excellent range of retail outlets, tourist attractions, theatres / entertainment, restaurants and bars.
Viewings
This property is available to view immediately, please register your interest via Homes For Westminster:
T: 0800 783 4849 or E:homesforwestminster@westminster.gov.uk
Key Features
Tenure: Leasehold (Shared Ownership - Min 25% Share)
Size: Approximately 48sqm
Rent: £916.96 per month
Service Charge: £392.38 per month
EWS1 Form available (A1 Rating)
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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 £675,000, £8,438 Min Deposit. Calculated using a representative rate of 5.26%
