1 bedroom apartment for sale
Brindley Court, Letchworth Road, Stanmore, HA7 1FN
Share percentage 35%, full price £310,000, £10,850 Min Deposit.
Share percentage 35%, full price £310,000, £10,850 Min Deposit.
Monthly Cost: £1,254
Rent £484,
Service charge £222,
Mortgage £548*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Large One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A smartly-presented and exceptionally-spacious one-bedroom apartment. The property is on the ground floor and has a twenty-foot reception room with open-plan kitchen area featuring sleek units and integrated appliances. Three, large, windows face one of the communal gardens. There is a fitted wardrobe in the bedroom, the bathroom has attractive marble-style tiles and a pair of built-in storage/utility cupboards have been provided in the generously-sized entrance hall. Well insulated walls, modern double glazing and a communal heating/hot water system make for a good energy-efficiency rating. Brindley Court is part of the carefully laid out and neatly-maintained Stanmore Place development and is just minutes from Canons Park Station, for access to the Jubilee Line.
SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £310,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/4kf5eyxa]
(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 26/04/2011).
Minimum Share: 35% (£108,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £483.96 per month (subject to annual review).
Service Charge: £221.69 per month (subject to annual review).
Guideline Minimum Income: Dual - £40,700 | Single - £47,000 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Harrow Council. 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 £10,850
- Guide Min Income Dual £40.7k | Single £47k
- Ground Floor
- Approx. 644 Sqft Gross Internal Area
- Open Plan Kitchen/Reception Room
- Modern Double Glazing
- Communal Heating and Hot Water System
- Minutes from Canons Park Station
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
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 35%, full price £310,000, £10,850 Min Deposit. Calculated using a representative rate of 4.59%