Studio apartment for sale
Bramley Road, W10 6SY
Share percentage 25%, full price £280,000, £7,000 Min Deposit.
Share percentage 25%, full price £280,000, £7,000 Min Deposit.
Monthly Cost: £874
Rent £355,
Service charge £166,
Mortgage £353*
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 £28,801. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £7,000. Total approximate savings required £11,000.
Important borough specific eligibility criteria:
Kensington & Chelsea
Priority will be given to those who are currently living and working within Kensington and Chelsea.
Applicants must be earning under £90,000 to be eligible.
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
Studio second floor apartment in Kensington & Chelsea available on Shared Ownership 25% at £70,000.
Description
Viewings to take place morning of December 14th - please register your interest on Share to Buy and we will contact you via email w/c December 9th
Ground Floor:
Communal Entrance
Second Floor:
Living space
Kitchen
Bathroom with WC
GIA:
31 sqm
Length of Lease:
148 years remaining
Key Features
The property is within reasonable travelling distance of local shopping and recreational facilities within the area with just a 12 minute walk to Westfields White City.
Local Transport:
Latimer Road Station (348ft)
Ladbroke Grove station (0.5 miles)
White City Station (0.9 miles)
Notting Hill Gate Station (1.3 miles)
Particulars
Tenure: Leasehold
Lease Length: 148 years
Council Tax Band: B
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 £280,000, £7,000 Min Deposit. Calculated using a representative rate of 4.59%
