2 bedroom apartment for sale
Capel Crescent, Stanmore, HA7 4ZE
Share percentage 40%, full price £350,000, £7,000 Min Deposit.
Share percentage 40%, full price £350,000, £7,000 Min Deposit.
Monthly Cost: £1,503
Rent £494,
Service charge £211,
Mortgage £798*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Stanmore, London
Description
This, colorful, modern, spacious, two bedroom apartment is now available in Stanmore through Shared Ownership,.
The property on the first floor comprises an entrance hall, a living room with a modern open plan kitchen, two good sized bedrooms and a bathroom. Perfect for couple or small families.
Outside, there is allocated parking.
Available for £140,000 for 40% share based on the marketing figure of £350,000.
Monthly rent - £494.42
Monthly Service Charge - £211.09
Total Monthly Charge - £705.51 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThis property is close to places of worship, recreational facilities, supermarkets, schools and major motorway links are well-provided for in the immediate vicinity. Stanmore Station is within close proximity to this property which can take you into Central London in less than an hour.
Located near great beauty spots like Stanmore Deer park/ Bentley Priory Nature Reserve and has easy access to major motorway linksand airport routes.
EPC ratingEnergy rating band - C
Environmental impact band - C
Years remaining on lease: 973
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Key Features
- Two bedroom apartment
- Modern kitchen
- Allocated parking
- Good travel links
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 40%, full price £350,000, £7,000 Min Deposit. Calculated using a representative rate of 5.26%
