1 bedroom apartment for sale

Available

Pemberton House, Denman Avenue, UB2 4FX

£121,625 · Shared Ownership Resale

Share percentage 35%, full price £347,500, £12,163 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£121,625 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £347,500, £12,163 Min Deposit.

Monthly Cost: £1,499
Rent £668, Service charge £214, Mortgage £617*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

A fantastic 1-bedroom apartment with a patio and wardrobe is available in Southall

Description

Property reference number: 1639343

 

Nestled on the border of Southall and Hanwell, this 1-bedroom apartment on the ground floor offers convenience and connectivity to the best of the local area and across London. 
 
Just 0.7 miles from Hanwell Station, around a 15-minute walk, this home provides easy access into key central London hubs such as Tottenham Court Road, Farringdon and Liverpool Street via the Elizabeth Line.
 
Closer to home you have access to a range of local amenities and attractions. A good selection of local shops including Lidl, Iceland, Sainsbury's, Waitrose and Tesco can all be found nearby. For the weekends, there are plenty of open green spaces such as Brent Lodge Park, Elthorne Park and Brent River Park just a short walk away, with Hanwell Zoo also closeby for a day trip with friends and family.
  • 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:enquiries@peabodynewhomes.co.uk">enquiries@peabodynewhomes.co.uk 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

*Financial information correct as of 19.06.2024
Particulars

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

Property Downloads
Floor Plan Energy Certificate
Virtual Tour
https://seekbeak.com/v/rNj7vKk2zJd
Map
Hanwell (0.55 miles) Drayton Green (0.99 miles) Castle Bar Park (1.28 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.

£121,625
Shared Ownership Resale
Estimated Monthly Cost:£1,499
Rent £668
Service Charge £214
Mortgage £617

Share percentage 35%, full price £347,500, £12,163 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.