1 bedroom apartment for sale

Available

Flat 14, 61 Maygrove Road, NW6 2EE

£245,000 · Shared Ownership Resale

Share percentage 50%, full price £490,000, £24,500 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£245,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £490,000, £24,500 Min Deposit.

Monthly Cost: £1,784
Rent £454, Service charge £137, Mortgage £1,193*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs

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Eligibility

* Household income must not exceed £80,000 (outside of London) or £90,000 (in London)

* Must pass the One Housing financial assessment (done after receiving the application, which can only be submitted after viewing the property)

* No cash buyers

* No pets

* Applicants must be able to afford their purchase and sustain their housing costs

* Applicants are primarily expected to be first-time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners

* Applicants must be unable to purchase a property suitable to meet their needs on the open market

* Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis

Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant who submits an application will be nominated as the buyer.

Summary

A top floor bright and modern 1 bedroom apartment set within a purpose built block

Description

A top floor bright and modern 1 bedroom apartment, set within a purpose-built block. The accommodation comprises of 1 double bedroom, open plan kitchen/living room with airing cupboard, hallway with 2 storage cupboards plus fitted bathroom with bath and shower fittings.

The kitchen includes integrated fitted appliances including a washer/dryer, dishwasher, fridge/freezer, hob with extraction fan and fan oven.

The property boasts a very large outdoor wrap-around private terrace, with the main section area fitted with high-end artificial grass. This can be used as a seating area and lounging area, currently with trees and large planters, plus there is a further area at the back that can be used for storage and growing plants. There is an outdoor electrical unit that is useful for exterior lights.

The location benefits from being very close to multiple transport links, including the Thameslink, Silverlink and Jubilee underground line (9 minutes to Bond Street) and close to artisan cafes, bookshops, independent shops, coffee houses, pubs and bars in both West Hampstead and Kilburn.

There is a long lease of 116 years. There is also an indoor communal locked bike storage area as well as a very large communal roof terrace that can be used for entertaining and exercise.

Key Features

1. Very large wrap-around private roof terrace

2. 1 double bedroom

3. Communal roof terrace

4. Leasehold

5. Top floor (with lift)

6. Very close to multiple transport links

Particulars

Tenure: Leasehold
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Brondesbury (0.15 miles) Kilburn (0.17 miles) West Hampstead Thameslink (0.36 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£245,000
Shared Ownership Resale
Estimated Monthly Cost:£1,784
Rent £454
Service Charge £137
Mortgage £1,193

Share percentage 50%, full price £490,000, £24,500 Min Deposit. Calculated using a representative rate of 4.24%


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.