2 bedroom apartment for sale
Banks Yard, TW5 0AX
Share percentage 25%, full price £290,000, £3,625 Min Deposit.
Share percentage 25%, full price £290,000, £3,625 Min Deposit
Monthly Cost: £1,238
Rent £675,
Service charge £159,
Mortgage £404*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
- Priority will be given to applicants living and/or working in the borough of Hounslow however applications from outside the borough will be accepted.
Summary
2 Bedroom Shared Ownership Apartment
Description
Octavia are pleased to present this two bedroom, first floor shared ownership apartment in Hounslow.
General description
The apartment is arranged as entrance hallway, two bedrooms, open plan fully fitted kitchen, living and dining room with Indesit appliances, with the benefit of double glazing throughout, wood strip flooring, part suspended ceilings incorporating recessed downlighters. A part tiled family bathroom with ceiling extractor, independent gas-fired hot water/central heating system served by a combination boiler and a private balcony accessed from the open-plan living area.
Location
Good local, shopping facilities and amenities are available in Heston, with further facilities available in North Hyde, Osterley and Hounslow. The green spaces and tennis courts of Heston Park are local with a series of parks and sports grounds nearby, including Brentford F.C Training Ground, Sutton Playing Field and Osterley Park.
Transport links
Osterley and Hounslow West (both London Underground) Stations are located nearby with numerous bus routes passing close to the property. The M4 is readily accessible and the A4 (Great West Road) runs a short distance, providing excellent road links with Heathrow Airport, Central London and the national motorway network.
Viewings
Please register your interest or contact us via sales.services@octavia.org.uk now to secure your viewing appointment!
Key Features
Tenure: Leasehold (Shared Ownership - Min 25% Share)
Size: Approximately 62.1 sqm
Rent: £675.40 per month
Service Charge: £159.21 per month
Please note an EWS1 form is not currently available for this building.
Particulars
Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: C
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: 62.1 SQM
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 £290,000, £3,625 Min Deposit. Calculated using a representative rate of 5.03%
