1 bedroom apartment for sale
Wooldridge Close, Feltham, TW14 8BJ
Share percentage 25%, full price £210,000, £5,250 Min Deposit.
Share percentage 25%, full price £210,000, £5,250 Min Deposit.
Monthly Cost: £877
Rent £492,
Service charge £120,
Mortgage £265*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £29,192. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£5,250.Total approximate savings required £9,250.
Important borough specific eligibility criteria
Hounslow
Priority will go to applicants with a connection to Hounslow followed by the West London Sub-region (Brent, Ealing, H&F, Harrow, Hillingdon, Richmond-Upon-Thames). This property will only be offered to applicants who Live or Work in these boroughs for a minimum of four weeks.
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
One bedroom flat available in Hounslow through Shared Ownership 25% Share £52,500. Full Market Value £210,000.
Description
Internal
1 bedroom
Reception room
Kitchen
Bathroom
GIA
50sqm
EPC
D
Length of Lease
82 years remaining
Borough
Hounslow
Key Features
Local Transport
Heathrow Terminal 4 - 1.6 miles
Feltham - 1.7 miles
Particulars
Tenure: Leasehold
Lease Length: 82 years
Council Tax Band: Not specified
Map
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 25%, full price £210,000, £5,250 Min Deposit. Calculated using a representative rate of 4.59%