Share Price £154,000 (from 40% Min. Share)

Full Value £385,000 | £15,400 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Hounslow

place Hardy House, Union Lane, TW7 6GU

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Two bedroom, fourth floor flat in Hounslow for £154,000, a 40% share of £385,000 (full market value) available through Shared Ownership


Eligibility

You will need to be earning a guidance income of £54,867. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,400. Total approximate savings required £19,400.

Important borough specific eligibility criteria

Hounslow

All London applicants will be considered, with priority given to Hounslow applicants

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.


Description

Viewing now in person and online - call 02038150060 to book an appointment.

Ground floor
Entryphone system to communal hallway, passenger lift and stairwell

Fourth floor
Two bedrooms, reception/kitchen, hallway, and bathroom with WC

External

Communal garden and one secure allocated parking space

GIA

73 square metres approximately

Accessibility rating
D

EPC rating
B

Length of lease
114

Borough
Hounslow


Key Features

  • One secure allocated parking space
  • Moments away from Syon Park
  • Union Lane offers an array of modern buildings set within easy reach of the varied amenities and transport links of both Isleworth and Hounslow.
  • Service charge includes, heating usage(electricity and water are paid separated)

Download Documents

Link to the floor plan Energy Certificate

Accessibility

D – Easy Access

Compatible with the design standards in Mobility Standard Housing (1974) produced by the DoE and Housing Corporation Scheme Development Standards (pre-1999) and Part M of Building Regulations (2000). The main features of these properties include a level approach to the entrance, wider doorways and more space than in general needs housing. These properties may also have an internal flight of stairs and if so, there is enough space to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 154,000
Min. £154,000
Share percentage
Min. 40%
Your deposit
Min. £15,400
Monthly cost*
£1,397
Cost breakdown
£463
Rent
£270
Service charge
£664
Mortgage*
Calculated using a representative rate of 3.09%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.