1 bedroom apartment for sale
Moore Court, Howard Road, Stanmore, HA7 1FA
Share percentage 25%, full price £340,000, £8,500 Min Deposit.
Share percentage 25%, full price £340,000, £8,500 Min Deposit
Monthly Cost: £1,429
Rent £559,
Service charge £441,
Mortgage £429*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A spacious and smartly-presented apartment on the second floor of this modern block. The property features a twenty-five-foot reception with open-plan kitchen area featuring sleek units and integrated appliances. There is a good-sized bedroom with built-in wardrobe, a stylish bathroom and a storage/utility cupboard has been provided in the entrance hallway. Doors in the reception room and bedroom lead out onto a full-width balcony. Residents of Moore Court can make use of the twenty-four-hour concierge service and residents' gym and the block is surrounded by the fountains and neatly-tended gardens of the wider Stanmore Place development. The apartment comes with use of a parking space and is also just a short walk from Canons Park Station, for access to the Jubilee Line.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £340,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/59kx6skx]
(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 (125 years from 26/04/2011).
Minimum Share: 25% (£85,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £558.81 per month (subject to annual review).
Service Charge: £440.56 per month (subject to annual review).
Guideline Minimum Income: Dual - £47,000 | Single - £53,800 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Harrow. 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 £8,500
- Guide Min Income Dual £47k | Single £53.8k
- Second Floor (building has a lift)
- Approx. 535 Sqft Gross Internal Area
- Very Good Energy Efficiency Rating
- Balcony and Parking Space
- Concierge and Residents' Gym
- Short Walk from Canons Park Station
Particulars
Tenure: Leasehold
Lease Length: 111 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: Yes - Private Balcony
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 £340,000, £8,500 Min Deposit. Calculated using a representative rate of 4.59%