3 bedroom apartment for sale
Kilburn Lane, W10 4BQ
Share percentage 50%, full price £500,000, £25,000 Min Deposit.
Share percentage 50%, full price £500,000, £25,000 Min Deposit.
Monthly Cost: £2,143
Rent £511,
Service charge £363,
Mortgage £1,269*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £66,730. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £25000. Total approximate savings required £29,000.
Important borough specific eligibility criteria
Brent
All London applicants will be considered, with priority given to Brent applicants.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Three Bedroom House in the London Borough of Brent available through Shared Ownership 50% Share £250,000. Full Market value £500,000.
Description
Ground Floor
Own separate street entrance with staircase to :
First Floor
Bedroom (1)
Bedroom (2)
Study/Bedroom (3)
Reception room
Kitchen
Landing
Bathroom with WC.
Insurance - Service Charge Monthly
£28.33
Admin Fee For Shared Ownership Flat
£13.50
EPC Rating
E
GIA
63 sqm
Length of lease
94 years remaining
Borough
Brent
Key Features
The property is a two/three bedroom first floor purpose-built maisonette forming part of a two-storey mid-terrace period property. Located in Queens Park, West London the property falls under the London Borough of Brent.
The subject property is within close proximity of the nearest overground rail mainline and (Bakerloo line) underground station, with services into Central London.
The property is within reasonable travelling distance of the local shopping and recreational facilities within the area
Particulars
Tenure: Leasehold
Lease Length: 94 years
Council Tax Band: Not specified
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 50%, full price £500,000, £25,000 Min Deposit. Calculated using a representative rate of 4.64%