1 bedroom apartment for sale

Available

The Verdean, Friary Road, W3 6AF

£161,200 · Shared Ownership New Build

Share percentage 40%, full price £403,000, £16,120 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£161,200 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40%, full price £403,000, £16,120 Min Deposit.

Monthly Cost: £1,368
Rent £554, Mortgage £814*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: You are at least 18 years old, Your annual household income is less than £90,000, You are unable to purchase a suitable home to meet your housing needs on the open market, You do not already own a property or you are in the process of selling your property
Summary

Newly launched 1-bedroom homes available with just a 10% deposit in Acton, W3

Description

Apartments available from £161,200 for a 40% share (full market value £403,000)

A brand-new collection of 1 & 2-bedroom Shared Ownership apartments is now available to reserve in Acton. Located in one of London's greenest boroughs, The Verdean is surrounded by parks and open spaces, and is only moments from Acton Main Line Station.

These homes will offer high specification, a private garden or balcony & a range of premium amenities including:

- A screening room and dedicated concierge*

- A gym & cycle hub powered by Peloton*

- Landscaped gardens designed in partnership with Royal Botanic Gardens, Kew*

Expect more on your doorstep with Acton's regeneration which will support a growing community, offering new independent cafes, restaurants, and bars

1-bedroom apartment Shared Ownership cost breakdown - 40% Share

- Full market value = £403,000
- Example 25% share price = £161,200
- Estimated monthly rent = £554
- Estimated monthly service charge = £224
- Estimated monthly mortgage = £878

Travel connections

The Elizabeth line takes you from The Verdean into central London in under 10 minutes, making this location every commuter’s dream. The regeneration of Acton is supporting a new community to grow, offering independent cafes, restaurants, & bars.

Local Area

At The Verdean, you can enjoy a village feeling in the heart of the city. For a slower start, wander to By Max, our on-site coffee shop and deli and enjoy Italian coffee, pastries and sandwiches by day and wine, cheese, and cocktails by night. Take strolls through nearby parks, immersing yourself in nature, and feast on treats from seasonal pop-up stalls and food trucks.

Head down to the buzzing Churchfield Road for the evening for an inviting atmosphere accompanied by delicious food and drinks. The Verdean offers a lifestyle that seamlessly blends convenience and indulgence, making every day an experience to savour.

What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought-after location.

Find out more
For more information about home at The Verdean be sure to register your interest.

*Images are computer generated and indicative of a typical Peabody New Homes show home.

Estimated monthly costs, household income and deposit amounts are based on Plot 40 at The Verdean.

Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Acton (0.23 miles) North Acton (0.40 miles) Acton Central (0.63 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.

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  • 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.

£161,200
Shared Ownership New Build
Estimated Monthly Cost:£1,368
Rent £554
Mortgage £814

Share percentage 40%, full price £403,000, £16,120 Min Deposit. Calculated using a representative rate of 4.59%


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The Verdean Shared Ownership
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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.