Share percentage 25%, full price £490,000, £12,250 Min Deposit.
Monthly Cost: £1,260
Rent £536,
Service charge £106,
Mortgage £618*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A rare opportunity to purchase a Shared Ownership home within the Kew Foot Road Conservation area of Richmond Upon Thames!
Description
A rare opportunity to purchase a Shared Ownership home within the Kew Foot Road Conservation area of Richmond Upon Thames!
Key Features:
- 1-bedroom apartment
- Fully fitted kitchen with integrated appliances
- EPC Rating B
- Excellent transport links (Zone 4), District Line
- Secure cycle storage
- Lease length: 990 years
- Estimated build completion expected February 25*
- Available to reserve off-plan
*Subject to change
Local area information:
The borough of Richmond upon Thames has been named "the happiest place to live" in Great Britain. Richmond is a popular, Thames-side suburb in south-west London that benefits from an extensive range of shops, bars and restaurants as well as expansive green spaces and recreational facilities. It is situated along one of the most picturesque and accessible parts of the River Thames which links Hampton Court Palace, Richmond Town Centre and Kew Gardens with London.
Richmond Square is well served by public transport with Richmond railway and underground station a short walk, south of the development.
Richmond itself is home to Richmond Park and its famous deer, stunning riverside views and a historic green within a town center bustling with life and steeped in history. With two award-winning theatres, an art gallery and a museum, the town has much to offer connoisseurs of culture.
Eligibility criteria:
- Maximum household income is £70,000 per annum.
- Priority must go to those who currently live and/or work in the London Borough of Richmond upon Thames.
* Images used are for illustrative purposes only
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified
Property Downloads
Floor Plan Price List Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
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 25%, full price £490,000, £12,250 Min Deposit. Calculated using a representative rate of 4.59%
Red Loft
