2 bedroom apartment for sale
Available
High Street, Southall, Southall, Ealing, UB1 3HF
£111,875 · Shared Ownership New Build

Share percentage 25%, full price £447,500, £5,594 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Accessible
Floor plan
floor-plan
Floor plan
floor-plan
£111,875 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £447,500, £5,594 Min Deposit.

Monthly Cost: £1,522
Rent £769, Service charge £196, Mortgage £557*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

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Eligibility

You qualify for shared ownership if you:

  • Have a household income of under £90,000
  • Don't currently own your home and can't afford to on the open market
  • Can afford the minimum deposit
  • Pass an affordability check to make sure you can get a mortgage
Summary

A two-bed with loads to offer, for just £105,750 with shared ownership.

Description

Plot 2.16

This two bedroom apartment has lots to offer. As you enter the apartment there is a handy storage cupboard, room enough for day to day clutter. Leading off from the hallway you have an open plan living area with a contemporary kitchen fitted with integrated appliances, space for a dining table and a light and open lounge area with large windows and access to your own balcony. This whole area is a fantastic space for relaxing or entertaining the choice is yours.

There are also two double carpeted bedrooms, one with a built in wardrobe and lovely large windows allowing the light to flood in. The modern bathroom comes with a shower over bath, and is contemporary in design and fully tiled.

* The full market value ofthis home is£423,000but, with shared ownership, you could purchase an initial25% share for just£105,750and pay a monthly rent on the remaining share. If you’re buying with a mortgage you may only need adeposit of 5%of the amount you borrow, meaning your deposit could be as low as£5,288.

Get in touch to find out more about shared ownership and how this might be the perfect home for you!

Room Measurements

Kitchen/Living/Dining - 8.10m x 3.50m
Master bedroom - 4.40m x 3.80m
Bedroom 2 - 5.80m x 3.30m
Total floor - 77 m2


Discover Southall

Southall boasts great connections with trains and busses giving residents access to the Capital and beyond. This area is part of a significant regeneration programme which includes the arrival of Crossrail in 2021 and the planned Heathrow expansion.

Shopping and amenities are literally just across the road, with Lidl on your doorstep and Quality Foods around the corner. And if you are planning a weekend of strolls and sport activities, RUB1X is a stone's throw from Southall Park which includes a playground, play centre and tennis court. The area also hosts an abundance of leisure facilities from Southall Sports Centre to West Middlesex Golf Club, all within easy reach


About shared ownership

Shared ownership is a government-backed scheme that makes it easier for you to buy an affordable stake in a property.

Shared ownership gives you the opportunity to get your foot on the property ladder at a price you can afford.

You qualify for shared ownership if you:

* Have a household income of under £90,000
* Don't currently own your home and can't afford to on the open market
* Can afford the minimum deposit
* Pass an affordability check to make sure you can get a mortgage

*This is based on a 25% share of a two bedroom apartment with a 5% mortgage deposit. The share you purchase is dependent on your affordability and personal circumstances

Photos and CGIs are for illustrative purposes only and may feature previous developments.

Key Features
  • White high gloss wall and base kitchen units and dark anthracitic laminate worktop
  • AEG single oven and ceramic hob
  • Integrated AEG dishwasher
  • Built in AEG fridge/freezer
  • AEG automatic washer dryer
  • Chrome heated towel rail in bathroom
  • Polished chrome ironmongery door handles and fittings
  • Contrasting grey Porcelain tiles in bathroom
  • Amtico flooring in kitchen, hallway, and living room and arctic grey carpet in bedroomss
  • Audio visual entry system
Property Downloads
Floor Plan Brochure Brochure
Map
Southall (0.45 miles) Hanwell (1.49 miles) Drayton Green (1.88 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 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.

£111,875
Shared Ownership New Build
Estimated Monthly Cost:£1,522
Rent £769
Service Charge £196
Mortgage £557

Share percentage 25%, full price £447,500, £5,594 Min Deposit. Calculated using a representative rate of 3.94%


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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.