Share Price £102,000 (from 30% Min. Share)

Full Value £340,000 | £10,200 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Ealing

place Levett House, UB4 2FT

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Catalyst Housing resales

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One bedroom flat in Southall is available now on a part-buy/part-rent scheme. Approx. 124 years remaining on the lease.


Eligibility

To be eligible for this property you must be earning a household income of at least £42,404 with a minimum deposit of £10,200. Priority will be given to those who live or work in the Ealing local authority area.


Description

The property is located in St Bernard’s Gate. This stylish development located within a little-known urban village in the leafy residential borough of Ealing in West London. The development is handily placed for Heathrow, which is an approximate 11 minute commute, this is also accessible to Liverpool Street in 22 minutes and Stratford in 30 minutes. The property comprises a ground floor one bedroom flat.

Sale Price and Equity
Full market value: £340,000
Monthly net rent: £586.85
Share available: 30%
Monthly service charge: £99.94
Share price: £102,000

The rent review is every April. Quoted rental figures are based on the 2020/21 financial year.

For further information or to book an appointment, please contact our Sales Team.


Key Features

GIA: 60m2

Bedroom 1 – approx. (17m2)
Double room, incredibly spacious, comprises of fitted wardrobes and dual light dimmers.

Bathroom/WC –
Fully fitted bathroom, housing basin, shower, bath & heated towel rail.

Kitchen – approx. (9.1m2)
Fitted with a range of fitted tops & units, integrated Bosch appliances, high specification, with fridge, freezer, washer dryer and electric hob.

Lounge – approx. (19m2)
Spacious lounge with well-kept laminate flooring.

Outside
Private rear garden

Energy Efficiency Rating – C
Environmental Rating – B


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Calculate Monthly Cost

Share price
£ 102,000
Min. £102,000
Share percentage
Min. 30%
Your deposit
Min. £10,200
Monthly cost*
£1,127
Cost breakdown
£587
Rent
£100
Service charge
£440
Mortgage*
Calculated using a representative rate of 3.09%
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Catalyst Housing resales

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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.