1 bedroom apartment for sale
Pemberton House, Denman Avenue, UB2 4FX
Share percentage 35%, full price £347,500, £12,163 Min Deposit.
Share percentage 35%, full price £347,500, £12,163 Min Deposit.
Monthly Cost: £1,496
Rent £668,
Service charge £214,
Mortgage £614*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A fantastic 1-bedroom apartment with a patio and wardrobe is available in Southall
Description
Property reference number: 1639343
- Nearest stations: Boston Manor, Hanwell
Bus routes nearby: 483, 282, 95, 207, SL8
Key features:
Terrace and patio
Modern kitchen with integrated appliances
Secure bike storage
Communal garden
Central heating
Fitted wardrobe
What happens after I register my interest?
After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact href="mailto:[email protected]">[email protected] and our team will be able to help you.
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought-after location.
Financial information
- Tenure: Leasehold
- Remaining lease term: 119 Years
- Annual ground rent amount: £250
- Ground rent review period: Every 21 years
- Annual service charge amount: £2,567.64
- Service charge review period: 1st April annually
Council tax band: Band C
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Floor Plan Energy CertificateVirtual Tour
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 35%, full price £347,500, £12,163 Min Deposit. Calculated using a representative rate of 4.59%
