2 bedroom apartment for sale
Lorde Court, Shakespeare Road, W7 1LR
Share percentage 45%, full price £440,000, £19,800 Min Deposit.
Share percentage 45%, full price £440,000, £19,800 Min Deposit.
Monthly Cost: £1,850
Rent £707,
Service charge £138,
Mortgage £1,005*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £ 67,761. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19.800 Total approximate savings required £23.800
Important borough specific eligibility criteria
Borough of Ealing
Priority will go to applicants with a connection to Ealing but all applicants 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
2nd Floor 2 Bedroom Flat Available through Shared Ownership in the Borough of Ealing 45% share @ £ 198,000 Full Market Value £ 440,000
Description
ACCOMDATION
Ground Floor: Intercom access to communal entrance hallway, staircase to:
2nd Floor Flat : Entrance Hall and Staircase to
Open Plan lounge/ kitchen
Bedroom 1
Bedroom 2
Bathroom
Outside : communal Gardens
Under Croft car parking with charging point
EPC : B
GIA : 65sqm
Lease Term: 118 Years
Key Features
Parking
Hanwell Mainline Station and access to Queen Elizabeth Line -300m to the south
Drayton Green Mainline Station - 100m to the north east
Close Access to extensive retail and leisure facilities
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Energy CertificateMap
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 45%, full price £440,000, £19,800 Min Deposit. Calculated using a representative rate of 4.64%
