3 bedroom apartment for sale

Available

Kilburn Lane, W10 4BQ

£250,000 · Shared Ownership Resale

Share percentage 50%, full price £500,000, £25,000 Min Deposit.

Available
3 bedrooms
1 Bathroom
£250,000 Shared Ownership Resale · Eligibility Eligibility

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

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Eligibility

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
Queens Park (0.17 miles) Brondesbury Park (0.57 miles) Kilburn Park (0.59 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.

£250,000
Shared Ownership Resale
Estimated Monthly Cost:£2,143
Rent £511
Service Charge £363
Mortgage £1,269

Share percentage 50%, full price £500,000, £25,000 Min Deposit. Calculated using a representative rate of 4.64%


Notting Hill Genesis Resales
View properties by this developer
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.