1 bedroom apartment for sale
New Bell House, 4 Earl Haig Close, Hounslow, TW4 7BZ
Share percentage 40%, full price £295,000, £11,800 Min Deposit.
Share percentage 40%, full price £295,000, £11,800 Min Deposit.
Monthly Cost: £1,241
Rent £459,
Service charge £186,
Mortgage £596*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A generously-sized and smartly-presented apartment on the third floor of a recently-constructed development. The property has a near-twenty-four-foot reception room with an open-plan kitchen area featuring handle-less units and integrated appliances. A glazed door leads out onto a south/south-west-facing balcony. The bedroom is spacious and includes a large, fitted wardrobe and there is a stylish, modern bathroom. Well insulated walls, high performance glazing and a communal heating and hot water system all contribute towards a very good energy-efficiency rating. There is a communal cycle store and New Bell House is also just minutes from Hounslow West Station (Piccadilly Line).
SHARED OWNERSHIP (Advertised price represents 40% share. Full market value £295,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/ms633saj]
(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: A2Dominion.
Tenure: Leasehold (125 years from 01/01/2021).
Minimum Share: 40% (£118,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £458.76 per month (subject to annual review).
Service Charge: £185.95 per month (subject to annual review).
Guideline Minimum Income: Dual - £40,500 | Single - £46,800 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Hounslow. Priority is given to applicants living and/or working in this local authority.
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. Pets not permitted (except assistance animals). There is no parking space offered with this property.
Key Features
- Guideline Minimum Deposit £11,800
- Guideline Income £40.5k (dual) | £46.8k (single)
- Third Floor (building has a lift)
- Approx. 556 Sqft Gross Internal Area
- Balcony
- Very Good Energy-Efficiency Rating
- Communal Cycle Store
- Minutes from Hounslow West Station
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Floor Plan BrochureMap
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 £295,000, £11,800 Min Deposit. Calculated using a representative rate of 4.59%