1 bedroom apartment for sale

Available

Bletchley Court, Letchworth Road, Stanmore, HA7 1FR

£75,000 · Shared Ownership Resale

Share percentage 25%, full price £300,000, £7,500 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Floor plan
floor-plan
Floor plan
floor-plan
£75,000 Shared Ownership Resale

Share percentage 25%, full price £300,000, £7,500 Min Deposit.

Monthly Cost: £1,091
Rent £506, Service charge £206, Mortgage £379*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Summary

A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A smartly-presented and generously-sized apartment in this modern block. The first-floor property has a twenty-four-foot, open-plan reception/kitchen with wood flooring, sleek, silver-coloured units and integrated appliances. There is a spacious bedroom, a bathroom with attractive marble-style tiles and a large storage/utility cupboard has been provided in the entrance hallway. Both principal rooms have a pleasant aspect, overlooking one of the communal gardens. Bletchley Court is part of the carefully laid-out and well-maintained Stanmore Place development. Well insulated walls, modern double glazing and a communal heating and hot water system make for a very good energy-efficiency rating. Letchworth Road is just minutes from Canons Park Station for Jubilee line trains to Stanmore or into central London.

SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £300,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/zvhyezzh]

(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: 25% (£75,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £506.47 per month (subject to annual review).
Service Charge: £206.00 per month (subject to annual review).
Guideline Minimum Income: Dual - £33.3k | Single - £39.5k (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Harrow. 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 £7,500
  • Guide Min Income Dual £33.3k | Single £39.5k
  • First Floor
  • Approx. 551 Sqft Gross Internal Area
  • Wood Flooring in Reception Room
  • Very Good Energy-Efficiency Rating
  • Overlooks Communal Garden
  • Minutes from Canons Park Station
Particulars

Tenure: Leasehold
Lease Length: 112 years
Council Tax Band: C

Property Downloads
Floor Plan Brochure
Map
Canons Park (0.13 miles) Queensbury (0.96 miles) Stanmore (0.97 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

Read More Read Less
  • 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.

£75,000
Shared Ownership Resale
Estimated Monthly Cost:£1,091
Rent £506
Service Charge £206
Mortgage £379

Share percentage 25%, full price £300,000, £7,500 Min Deposit. Calculated using a representative rate of 4.59%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.