1 bedroom apartment for sale
Carnegie House, 219 Shepherds Bush Road, W6 7JS
Share percentage 25%, full price £424,999, £5,312 Min Deposit.
Share percentage 25%, full price £424,999, £5,312 Min Deposit.
Monthly Cost: £1,578
Rent £770,
Service charge £169,
Mortgage £639*
Calculated using a representative rate of 5.81%
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 when eligible to purchase.
· 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.
· You live or work in the property’s area
· To purchase this 25% minimum share you will need an average minimum joint household income of £341,000 and available savings of £5,312 for a 5% mortgage deposit.
Summary
Southern Housing are delighted to offer for sale this well-presented 1 Bedroom Third floor flat with balcony recently reduced in value for quick sale.
Description
The current market value is £424,999 for 100% reduced for a quick sale from £575,000. The minimum 25% share available is priced at £106,249.75, current rent payable £769.77 pcm, rent is subject to annual reviews. Service charges are currently £169.10 pcm
Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact Resales via e-mail resales@southernhousing.org.uk
If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy to resales@southernhousing.org.uk
Application forms need to be returned to Southern Housing for the attention of Jan. Allocation will be to the first applicant to apply and meet affordability.
*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.
This property is on a first come first serve basis
Local information
The property is situated on the east side of the Shepherd’s Bush Road (A219) towards the southern end adjacent to Hammersmith & Fulham Library and diagonally opposite Hammersmith Police Station (under development). Shepherd’s Bush Road runs north to the south between Shepherd’s Bush Green / Goldhawk Road (A402) to Hammersmith Broadway and its junctions with King Street / Hammersmith Road (A315) and Great West Road / Talgarth Road (A4).
The location is predominantly commercial comprising, in the main modern blocks of three/four storey offices, some with retail use to the ground floor. Immediately adjacent to the north and east are the sports grounds to Bute House Preparatory School for girls, the main school buildings approached from Brook Green, 250 yards to the north. The property is located on the ground floor of a quiet, secure, gated building in the heart of Hammersmith.
The comprehensive shopping of Hammersmith is within 300 yards to the south, at the Broadway Centre and along King Street (having recently undergone a £150mil regeneration scheme). A large Tesco supermarket is situated to the west side of Shepherd’s Bush Road, opposite the junction of Brook Green. Westfield London shopping centre is within 1 mile to the north.
Hammersmith TfL (District, Piccadilly and Hammersmith & City lines) stations are approximately 300 yards to the south and south west. A wide selection of ‘bus routes serve the area. Santander Cycle Hire available close by. The River Thames is approximately 10 minutes away by foot and Brook Green is approximately a 2-minute walk away.
Key Features
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Lease term 111 years
EPC rating C77
Features
Residential 1 Bedroom Third floor flat with balcony along the frontage
Double glazed windows. Gas central heating throughout Apartment
Open plan Kitchen / Lounge with balcony stretching across to the
1 Bedroom
Bathroom
Storage Cupboard
Gross Internal Floor Area: 44 sqm
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: C
Property Downloads
BrochureMap
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 £424,999, £5,312 Min Deposit. Calculated using a representative rate of 5.81%
