1 bedroom apartment for sale
Sandalwood Drive, Ruislip, London, HA4 7JT
Share percentage 50%, full price £280,000, £14,000 Min Deposit.
Share percentage 50%, full price £280,000, £14,000 Min Deposit
Monthly Cost: £1,169
Rent £305,
Service charge £157,
Mortgage £707*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
This beautifully-presented flat is on the top floor and has been extensively redecorated by the current owners. The bathroom has been completely revamped, stylish wood panelling has been added, new flooring installed throughout plus a number of other upgrades. These changes have improved a flat which already had considerable appeal, thanks to a dual-aspect reception room with Juliette balcony and a spacious kitchen/dining room with sleek, handle-less units. The bedroom is a comfortable double and there is a storage/utility cupboard in the entrance hall. Well insulated walls, double glazing and gas central heating make for a good energy-efficiency rating. The flat comes with use of a parking space plus Ruislip (Metropolitan and Piccadilly Lines) and West Ruislip (Central Line and Chiltern Railways in to Marylebone) are only a brief bike ride away. Recreational areas such as Ruislip Lido, Ruislip Common and Bayhurst Wood Country Park are also within easy reach.
SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £280,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://bit.ly/3yDftLa]
(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 (198 years from 24/04/1998).
Minimum Share: 50% (£140,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £304.57 per month (subject to annual review).
Service Charge: £156.86 per month (subject to annual review).
Guideline Minimum Income: Dual £38,300 | Single £44,500 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Hillingdon. Priority is given to applicants living and/or working in this local authority.
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
- Guideline Minimum Deposit £14,000
- Guide Min Income Dual £38.3k | Single £44.5k
- Top Floor with Juliette Balcony
- Approx. 530 Sqft Gross Internal Area
- Dual Aspect Reception
- Spacious Kitchen/Dining Room
- Double Glazing/Gas Central Heating
- Parking Space
Particulars
Tenure: Leasehold
Lease Length: 171 years
Council Tax Band: C
Property Downloads
Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
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 £280,000, £14,000 Min Deposit. Calculated using a representative rate of 4.59%