1 bedroom apartment for sale
334 Portobello Road, Notting Hill, W10 5SA
Share percentage 25%, full price £695,000, £17,375 Min Deposit.
Share percentage 25%, full price £695,000, £17,375 Min Deposit
Monthly Cost: £1,997
Rent £912,
Service charge £208,
Mortgage £877*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A spectacular new apartment in iconic Notting Hill with access to a residents' gym, co-working space and lounge*
Description
- Sleek, fully integrated kitchen with a freestanding washer/dryer in a dedicated utility cupboard
- Spacious bedroom featuring built-in wardrobes
- Elegant bathroom with a shower bath, bespoke mirrored cabinet, Luxury Vinyl Tile flooring, and ceramic wall tiles
- Exclusive access to the residents' gym, co-working space, and lounge
Shared Ownership Cost Breakdown - 25% Share
* Full market value = £695,000
* Example 25% share price = £173,750
* Estimated monthly rent = £912.19
* Estimated monshtly service charge = £208.00
Notting Hill is one of London’s most famous and desirable residential neighbourhoods. An area with a strong sense of community, a vibrant cosmopolitan charm, and a truly village-like feel that sets it apart from any other place in London.
The Auria’s prime Zone 2 location offers excellent connections to the rest of London and beyond.
What is Shared Ownership?
With Shared Ownership, you can purchase anywhere from 25 - 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. Then, over time, you can buy more of the property until you own 100%, known as staircasing.
Tenure: Leasehold
Estimated annual service charge: TBC
Service charge review period: Yearly
Annual service charge: £2,496.00
*Amenities are subject to change. Shared Ownership purchasers will have the option to opt-in to the use of resident amenities at a cost payable via your service charge.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor PlanVirtual Tour
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 25%, full price £695,000, £17,375 Min Deposit. Calculated using a representative rate of 4.59%
