Share percentage 25%, full price £525,000, £6,563 Min Deposit.
Monthly Cost: £1,641
Rent £902,
Service charge £85,
Mortgage £654*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
3 bedroom apartment in the Harrow View West development. The price advertised represents purchasing a 25% share of the home.
Description
3 bedroom apartment in the Harrow View West development. The price advertised represents purchasing a 25% share of the home.
About the Home
This three bedroom apartment opens into the entrance hall where you have access to the three piece family bathroom with shower over bath, lounge and all three bedrooms. In the open plan Kitchen, Lounge and Dining Area you have an integrated oven, hob and extractor, fridge freezer and washing machine as well as access to private balcony.
All bedrooms are large enough for a double bed and bedroom 1 benefits from a storage cupboard. Other benefits include Vinyl flooring to the Kitchen and bathroom and carpeted living and bedroom areas, communal central heating and a parking space.
About the Development
Harrow View West is a collection of modern and stylish two and three bedroom apartments in Harrow, north-west London. The new build development in the sought-after London Borough of Harrow has much to offer whether you’re a young professional, a couple or a family.
About the Area
Harrow has a large town centre with two shopping centres offering you a wide range of shops, entertainment, and restaurants. Also with Harrow & Wealdstone Station just under a mile away, you have easy access to London Euston in just 15 minutes.
If you like to keep active then these homes are ideal for you, as Harrow Leisure Centre is just over a mile away offering racquet sports, a swimming pool, a fitness centre, function halls and even a climbing wall.
About Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. The minimum initial share you can purchase is 45% and the maximum initial share is 75% of the properties full market value. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&C's
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
Key Features
- 3 bedroom ground floor apartment
- Flooring throughout
- Storage space
- Open plan living
- Spacious bedrooms
- Modern fitted kitchen
- 3 piece bathroom with shower over bath
- There will be an added service charge
Property Downloads
Floor Plan Energy CertificateMap
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 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.
Share percentage 25%, full price £525,000, £6,563 Min Deposit. Calculated using a representative rate of 3.94%
