1 bedroom apartment for sale

Available

Harrow Road, W10 4NJ

£240,000 · Shared Ownership Resale

Share percentage 60%, full price £400,000, £24,000 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£240,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 60%, full price £400,000, £24,000 Min Deposit.

Monthly Cost: £1,473
Rent £255, Mortgage £1,218*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility

You will need to be earning a guidance income of £62,357.
You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £24,000.Total approximate savings required £28,000.

Important borough specific eligibility criteria

Westminster

Priority will be given to applicants who live or work in Westminster but all can apply.

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

One bedroom apartment in Westminster available through Shared Ownership 60% at £240,000

Description

Internal

  • Entrance hallway
  • Reception room
  • Bedroom
  • Kitchen
  • Bathroom

GIA

48sqm

EPC rating

B

Length of lease

89 years

Borough

Westminster

Key Features

Looking out to the Grand Union Canal this bright period property has a good size double bedroom, a spacious reception room and recently updated kitchen. It’s a short walk to Portobello Road, Queens Park and Kensal Rise. There is a huge variety of supermarkets, independent shops, restaurants, pubs and coffee shops. Close to lovely independent cinemas, community pool/ gym facilities and weekend farmers market.

In a prime location the top floor flat has brilliant transport links to Paddington, Euston, Notting Hill, Hammersmith and the overground network.

Across the road the half penny steps canal footbridge allows easy access to the tranquillity of the well maintained community run Meanwhile Gardens. You can follow the canal path to Little Venice, Paddington, Camden and Regents Park.

Particulars

Tenure: Leasehold
Lease Length: 89 years
Council Tax Band: C

Property Downloads
Floor Plan
Map
Westbourne Park (0.39 miles) Queens Park (0.57 miles) Ladbroke Grove (0.65 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.

£240,000
Shared Ownership Resale
Estimated Monthly Cost:£1,473
Rent £255
Mortgage £1,218

Share percentage 60%, full price £400,000, £24,000 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.