1 bedroom apartment for sale
Normandy Place, Bourbon Lane, W12 8AX
Share percentage 25%, full price £400,000, £10,000 Min Deposit.
Share percentage 25%, full price £400,000, £10,000 Min Deposit.
Monthly Cost: £1,424
Rent £670,
Service charge £249,
Mortgage £505*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
1 Bedroom Shared Ownership Apartment
Description
General Description
Octavia are pleased to present this one bedroom, second floor apartment.
This forms part of a modern low rise, purpose-built block which was constructed over 10 years ago. This flat is located on the western side of Bourbon Lane, which is a private cul-de-sac turning off the north-eastern section of Sterne Street. The flat has an open-plan kitchen / dining / reception room with access to a private balcony from the bedroom and includesdouble glazing throughout, part tiled family bathroom, wood flooring, independent electric heating / hot water system.
Transport Links
Shepherds Bush station (London Underground - Central line and Overground line) lies in close proximity with Shepherds Bush Market Station (London Underground - Hammersmith & City line) situated slightly further away. Several bus routes pass
close to the property.The West Cross Route (A3220) and Holland Park Avenue (A402) are both very readily accessible providing fast road links with the A40/M40 and Heathrow Airport.
Local Amenities
Excellent multiple shopping facilities and restaurants are provided at Westfield and the West 12 Shopping Centres, with additional amenities such as bars, cinema and bowling. Loftus Road Stadium (home of Queens Park Rangers FC) is situated a short distance with Holland Park located within a similar distance.
Viewings
This property is available to view immediately, please register your interest and we will be in touch to arrange a viewing.
Key Features
- Tenure: Leasehold (Shared Ownership - Min 25% Share)
- Monthly Rent: £669.85
- Service Charge: £248.91
- Length of Lease: Approx. 108 years remaining (125 years from 25th March 2007)
- Size: 52.7 SQM
- An EWS1 form is not available for this building
Particulars
Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateVirtual Tour
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 £400,000, £10,000 Min Deposit. Calculated using a representative rate of 4.59%
