1 bedroom apartment for sale
WATSON HOUSE, ELMGROVE ROAD, HA1 2QQ
Share percentage 50%, full price £240,000, £12,000 Min Deposit.
Share percentage 50%, full price £240,000, £12,000 Min Deposit.
Monthly Cost: £1,160
Rent £438,
Service charge £116,
Mortgage £606*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £ 41,669. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £12,000 Total approximate savings required £16,000
Important borough specific eligibility criteria
Harrow
All London applicants will be considered with priority given to people who live/work in the borough.
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
1 Bedroom Ground Floor Apartment in Harrow available through Shared Ownership - 50% share £ 120,000 Full Market Value £ 240,000
Description
Accommodation
Ground Floor - Entry phone system to Communal Entrance Hallway
Ground Floor Flat:
Entrance Hall with storage cupboard
Living Room - with double doors to private patio garden.
Kitchen - with serving hatch to Living Room.
Bedroom - including wardrobes
Wet Room
Outside:
Private Rear Paved Garden
Communal grounds
Bicycle Storage
GIA - 44.6 sqm
Lease Length: 108 Years
EPC - B
Key Features
Private Rear Garden
Within Walking distance of Harrow Town Centre Shopping Facilities
Within Walking Distance of Harrow on the Hill Station ( Metropolitan Line )
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
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 50%, full price £240,000, £12,000 Min Deposit. Calculated using a representative rate of 4.59%
