2 bedroom apartment for sale
Charlotte Court, Invermead Close, Hammersmith, London, W6 0WW
Share percentage 35%, full price £625,000, £21,875 Min Deposit.
Share percentage 35%, full price £625,000, £21,875 Min Deposit.
Monthly Cost: £2,203
Rent £907,
Service charge £192,
Mortgage £1,104*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A great chance to buy a two-bedroom, shared-ownership flat in a much sought-after part of West London. This second-floor property has a reception room with corner balcony plus large windows on two sides. The main bedroom is also dual-aspect and includes a built-in wardrobe. There is a generously-sized second double bedroom, a spacious, naturally-lit kitchen and a simple, white-tiled bathroom. Well insulated walls, modern double glazing and gas central heating make for a very good energy-efficiency rating. Invermead Close is a private cul-de-sac just off Goldhawk Road. Stamford Brook Station (District Line) is only a few minutes walk away and the lake, gardens and green open spaces of Ravenscourt Park are close by. There is a wide selection of shops and restaurants on nearby Chiswick High Road and King Street plus plenty more within easy reach. The development has a communal cycle store and, although the flat does not come with an allocated parking space, residents can apply for a permit to park within the development.
SHARED OWNERSHIP (Advertised price represents 35% share. Full market value £625,000.)
Applicants MUST currently live and/or work in the London Borough of Hammersmith & Fulham.
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/44hd32rm]
(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 August 2004).
Minimum Share: 35% (£218,750).
Shared Ownership Rent: £907.13 per month (subject to annual review).
Service Charge: £191.62 per month (subject to annual review).
Guideline Minimum Income: Dual - £81,900 (based on minimum share and 10% deposit), Single - £88,200 (minimum share, 20% deposit).
Council Tax: Band E, London Borough of Hammersmith & Fulham. Applicants MUST currently live and/or work in the London Borough of Hammersmith & Fulham.
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).
Key Features
- Guide Dual Income £81.9k 10% deposit £21.9k
- Guide Single Income £88.2k 20% deposit £43.8k
- Second Floor (building has a lift)
- Approx. 753 Sqft Gross Internal Area
- Kitchen is Separate from Reception
- Very Good Energy-Efficiency Rating
- Balcony
- Short Walk from Stamford Brook Station
Particulars
Tenure: Leasehold
Lease Length: 105 years
Council Tax Band: E
Property Downloads
Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 35%, full price £625,000, £21,875 Min Deposit. Calculated using a representative rate of 4.59%