2 bedroom apartment for sale
16 Cheping House, 1 Lockton Street, W10 6EW
Share percentage 35%, full price £600,000, £21,000 Min Deposit.
Share percentage 35%, full price £600,000, £21,000 Min Deposit
Monthly Cost: £1,533
Rent £210,
Service charge £263,
Mortgage £1,060*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A modern 2-bedroom apartment with a private balcony now available in Kensington and Chelsea.
Description
The local area pulses with energy, offering a wealth of amenities that make daily living effortless and enjoyable. A variety of supermarkets are within easy reach including a Nisa Local just a 2-minute walk away, ensuring grocery shopping is always a breeze. For fashion enthusiasts, retail therapy is always within reach, with Westfield Shopping Centre and the iconic Portobello Road just a short walk from your door. Whether you’re seeking high-end boutiques, eclectic markets, or gourmet dining options, this area has it all — perfect for every lifestyle.
For nature enthusiasts, this property is ideally located to offer easy access to some of London’s most beautiful green spaces. Escape the urban rush with a leisurely walk through Holland Park, just 1.1 miles away, where you can unwind in its lush gardens, tranquil woodlands, and open meadows. The perfect setting for a peaceful afternoon or a morning jog, these verdant havens provide an idyllic respite from the city, allowing you to embrace nature without ever straying far from the heart of London.
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Tenure: Leasehold
Remaining lease term: 116 years
Annual ground rent amount: £350
Ground rent review period: 10 years
Annual service charge amount: £3,153.96
Service charge review period: Annually
Council tax band: D
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D
Property Downloads
Floor Plan 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 35%, full price £600,000, £21,000 Min Deposit. Calculated using a representative rate of 4.59%
