1 bedroom apartment for sale
Kilburn Park Road, London, NW6 5LB
Share percentage 75%, full price £400,000, £30,000 Min Deposit.
Share percentage 75%, full price £400,000, £30,000 Min Deposit
Monthly Cost: £2,052
Rent £224,
Service charge £339,
Mortgage £1,489*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
You will need to be earning a guidance income of £75,156. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx £30,000. Total approximate savings required £34,500.
Important borough specific eligibility criteria
Westminster
Applicants must be registered with the Westminster Home Ownership Team
Applicants who live and / or work in Westminster will be prioritised, pan-London applicants will be considered. Westminster will only accept applicants who have registered with the Westminster council directly. You will not be able to book a viewing for this resale without your Westminster reference number. This property will not go to anyone not registered with Westminster for a minimum of eight weeks.
Applicants must be earning under £90,000 to be eligible for one-, two- and three-bedroom apartments.
If you are an existing homeowner, we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Ground floor one bedroom apartment in Westminster available through Shared Ownership 75% at £300,000- Full value of £400,000
Description
Accommodation
The accommodation comprises:
Internally
Ground Floor: Communal Entrance.
Ground Floor: Kitchen. Lounge. Bedroom. Bathroom with WC.
Hallway.
Externally: No external facilities.
Floor Area - The subject property is approximately 42 sq. m.
Key Features
Situation & Description
The property is a one bedroom ground floor maisonette within a four storey, bay
fronted, mid terrace converted period house in Kilburn, North West London that
falls under the City of Westminster.
- the property is on a raised ground floor - being 6/7 steps above street level.
- the living room, hallway, bathroom and kitchen all have 18 foot high ceilings. There are a few steps down into the bedroom.
- gas central heating.
The subject property is within reasonable distance of two rail mainline stations;
Queen’s Park and Kilburn High Road and two underground stations; Kilburn Park
and Maida Vale (Bakerloo Line), with services from each into and across Central
London.
The property is within reasonable travelling distance of the local shopping and
recreational facilities within the area.
EPC- C
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Floor PlanMap
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: Gas Central
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 75%, full price £400,000, £30,000 Min Deposit. Calculated using a representative rate of 4.42%
