Share Price £100,000 (from 40% Min. Share)
Full Value £250,000 | £5,000 Min. Deposit
Scheme: Shared Ownership Resalescheck_circle Available now
2 bedroom apartment in Hillingdon
place Green Acres House, Welbeck Avenue, UB4 9JR
2 bedroom purpose built apartment
There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:
You must be at least 18 years old
Outside of London your annual household income must be less than £80,000
In London your annual household income must be less than £90,000
You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
You should not be able to afford to buy a home suitable for your housing needs on the open market
You must show you are not in mortgage or rent arrears
You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home
You should have savings or to be able to easily access at least £4,000 to cover the costs of buying a home. This is a guideline figure – the actual amount you need will depend on the Help to Buy option you choose
In most cases you will also need to have enough savings or be able to easily access a minimum 5-10% of the equity share you are buying, as a deposit.
A purpose built first floor two bedroom flat in a three storey block with parking space. Built circa 2005
Property comprises two bedrooms, reception room with open plan kitchen and combined bathroom/W.C The property has the benefit of gas central heating, a reserved car space in the underground communal parking area and landscaped communal gardens.
Located within walking distance of a local supermarket, riverside restaurants and an art centre. Also close to Ealing and Richmond town centres.
Nearby is Brentford railway station and there are very good local bus links.
Communal entrance hall and stairway.
Entrance Hall Livingroom 3.22m X 5.22m 10’ 6” X 17’ 1”
Kitchen 2.46m X 2.34m 8’ 1” X 7’ 8”
Bedroom 1 2.73m X 4.18m 8’ 11” X 13’ 9”
Bedroom 2 2.08m X 4.18m 6’ 10” X 13’ 9”
Bathroom 2.46m X 1.65m 8’ 1” X 5’ 5”
The flat has a gross internal floor area of approximately 55 sq m, 592 sq ft.
F – General Needs
General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.