2 bedroom apartment for sale
Pembroke House, Hallfield Estate, W2 6HG
Share percentage 50%, full price £470,000, £23,500 Min Deposit.
Share percentage 50%, full price £470,000, £23,500 Min Deposit.
Monthly Cost: £1,745
Rent £373,
Service charge £186,
Mortgage £1,186*
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 £66,085.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £23,500. Total approximate savings required £27,500.
Important borough specific eligibility criteria
Westminster
Applicants must be registered with the Westminster Home Ownership Team
Applicants who live and / or work in Westminster will be prioritised, pan-London applicants will be considered. Westminster will only accept applicants who have registered with the Westminster council directly. You will not be able to book a viewing for this resale without your Westminster reference number. This property will not go to anyone not registered with Westminster for a minimum of eight 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
Two-bedroom first floor apartment in Westminister available for Shared Ownership 50% at £235,000.
Description
The accommodation comprises: - Entrance hallway with storage leading to a kitchen, sitting room, two bedrooms, a W.C. and separate bathroom.
External
- Communal grounds
GIA
- 71sqm
EPC
- C
Council Tax
- C
Key Features
Details of how to register with HFW can be found at: www.homesforwestminster.co.uk/register
www.homesforwestminster.co.uk/pembroke-house-hallfield-estate-w2-6hg-1-x-2-bed-apartment-priority-families-dependent-children
Particulars
Tenure: Leasehold
Lease Length: 82 years
Council Tax Band: C
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 £470,000, £23,500 Min Deposit. Calculated using a representative rate of 4.59%
