2 bedroom apartment for sale

Available

Percy Road, Shepherd's Bush, London, W12 9QL

£225,000 · Shared Ownership Resale

Share percentage 50%, full price £450,000, £22,500 Min Deposit.

Available
2 bedrooms
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£225,000 Shared Ownership Resale

Share percentage 50%, full price £450,000, £22,500 Min Deposit.

Monthly Cost: £1,742
Rent £446, Service charge £154, Mortgage £1,142*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

A Fantastic Opportunity to Purchase a Two Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A rare chance to buy a shared-ownership property in an attractive period building. The smartly-presented flat is on the first floor and has a reception room with a short flight of stairs down into a good-sized kitchen with sleek units and modern appliances. The main bedroom is large with a bay window and there is a second bedroom ideal for a guest or use as a home office. The end-of-terrace location means the stylish bathroom can benefit from natural light. Double glazing throughout combined with a high quality gas central heating boiler make for a good energy-efficiency rating. There is a wide range of shops along Uxbridge Road plus Westfield Shopping Centre is within easy reach. Shepherd's Bush Market Station, for the Circle and Hammersmith & City Lines, and Ravenscourt Park & Stamford Brook tube on the district line are only a short walk away plus the area is served by a number of bus routes and there are bikes hoops in the front garden.

SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £450,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/yncahuhj]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Shepherds Bush Housing Group.
Tenure: Leasehold (99 years from 15/01/2018).
Minimum Share: 50% (£225,000).
Shared Ownership Rent: £445.77 per month (subject to annual review).
Service Charge: £153.65 per month (subject to annual review).
Guideline Minimum Income: Dual - £63,400 | Single - £73,100 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Hammersmith & Fulham (£1232.68 for 2024-25).

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. There is no parking space offered with this property however the vendor informs us that on-street parking is available for approximately £90 per year.

Key Features
  • Guideline Minimum Deposit £22,500
  • Guideline Income £63.4k (dual) | £73.1k (single)
  • First Floor
  • Approx. 518 Sqft Gross Internal Area
  • Kitchen Separate from Reception Room
  • Double Glazing and Gas Central Heating
  • Short Walk from Shepherd's Bush Market Station
  • Westfield Shopping Centre Within Easy Reach
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Property Downloads
Floor Plan Brochure
Map
Shepherds Bush Market (0.40 miles) Goldhawk Road (0.44 miles) White City (0.72 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£225,000
Shared Ownership Resale
Estimated Monthly Cost:£1,742
Rent £446
Service Charge £154
Mortgage £1,142

Share percentage 50%, full price £450,000, £22,500 Min Deposit. Calculated using a representative rate of 4.64%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.