Studio apartment for sale
Elsham Terrace, W14 8AT
Share percentage 50%, full price £330,000, £16,500 Min Deposit.
Share percentage 50%, full price £330,000, £16,500 Min Deposit.
Monthly Cost: £1,173
Rent £244,
Service charge £96,
Mortgage £833*
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 £48,700. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,500. Total approximate savings required £20,500.
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 Apartment in Kensington and Chelsea
Description
Accommodation:
Entrance Hall with Storage
Galley Kitchen
Studio/Lounge
Bathroom
GIA:
357 sq ft
Lease Length:
~960 Years
Key Features
- Highly Sought After Area
- Close to Westfield Shopping Centre
- Long Lease
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
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 50%, full price £330,000, £16,500 Min Deposit. Calculated using a representative rate of 4.59%
