2 bedroom apartment for sale

Available

Frobisher House, Western Avenue, W5 1HE

£205,000 · Shared Ownership Resale

Share percentage 50%, full price £410,000, £20,500 Min Deposit.

Available
2 bedrooms
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£205,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £410,000, £20,500 Min Deposit.

Monthly Cost: £1,539
Rent £390, Service charge £109, Mortgage £1,040*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Eligibility

You will need to be earning a guidance income of £ 57,713. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £20,500 Total approximate savings required £24.500

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

2 bedroom Ground Floor floor apartment available in Ealing through shared ownership 50% share £205,000 Full Market Value £ 410,000

Description

Accommodation:

Ground Floor:Intercom, Entrance Security Door, Communal Hallway and Stairs leading to:

Ground Floor:Entrance Hall with storage cupboards
Lounge with door to small terrace
Bedroom 1 with fitted wardrobe
Bedroom 2
Kitchen
Bathroom/WC with panelled bath/shower over, wash basin set into vanity unit and closed coupled WC

GIA - 58.31sqm

EPC - B

Lease Term - 93 Years

Key Features

Small terrace
On site off-road car parking to the rear

Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Hanger Lane (0.09 miles) Park Royal (0.46 miles) Alperton (0.84 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.

£205,000
Shared Ownership Resale
Estimated Monthly Cost:£1,539
Rent £390
Service Charge £109
Mortgage £1,040

Share percentage 50%, full price £410,000, £20,500 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.