1 bedroom apartment for sale
548 Chiswick High Road, London, W4 5RG
Share percentage 59%, full price £390,000, £23,010 Min Deposit.
Share percentage 59%, full price £390,000, £23,010 Min Deposit.
Monthly Cost: £2,050
Rent £523,
Service charge £365,
Mortgage £1,162*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This modern, one-bedroom apartment is on the third floor and has a spacious reception room with a glazed door that leads out on to a south/south-east-facing balcony. The bedroom shares the same aspect and benefits from a near-full-width window. There is a good-sized kitchen, a simple, white-tiled bathroom and a storage/utility cupboard in the entrance hallway. Well insulated walls and modern double glazing make for a good energy-efficiency rating. Chiswick High Road has a wide range of shops and Chiswick Park (District Line) and Gunnersbury (District plus London Overground) Stations are both just a few minutes walk away.
SHARED OWNERSHIP (Advertised price represents 59% share. Full market value £390,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://bit.ly/2TJ0ctj]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: A2Dominion.
Tenure: Leasehold (125 years from 21/12/2005).
Minimum Share: 59% (£230,100). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £522.64 per month (subject to annual review).
Service Charge: £365.31 per month (subject to annual review).
Guideline Minimum Income: Dual £76,100 | Single £88,000 (based on minimum share and ??% deposit).
Council Tax: Band D, London Borough of Hounslow. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.
Key Features
- Guideline Minimum Deposit £23,010
- Guide Min Income Dual £76.1k | Single £88k
- Third Floor with Balcony
- Approx. 508 Sqft Gross Internal Area
- South/South-East-Facing
- Kitchen is Separate from Reception
- Chiswick Park for District Line
- London Overground from Gunnersbury
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D
Property Downloads
Floor Plan BrochureMap
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 59%, full price £390,000, £23,010 Min Deposit. Calculated using a representative rate of 4.59%
