1 bedroom apartment for sale
Cedar House, , TW9 4BG
Share percentage 40%, full price £422,500, £8,450 Min Deposit.
Share percentage 40%, full price £422,500, £8,450 Min Deposit.
Monthly Cost: £1,669
Rent £704,
Service charge £133,
Mortgage £832*
Calculated using a representative rate of 3.82%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Richmond, Greater London
Description
Beautifully presented, ground-floor apartment in Richmond is available for sale through the Shared Ownership Scheme. The apartment comprises an open plan lounge and dining room, a fitted kitchen, one large bedroom, a large storage cupboard in the hall, and a family bathroom with a bath/shower. Externally the property offers access to well-maintained communal gardens. This apartment is in a brilliant location between beautiful Kew Gardens and the River Thames.
Minimum income required: £63,601
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £169,000 for 40% share based on the marketing figure of £422,500.
SO Resi Monthly Payment - £704.23
Monthly Service Charge - £132.66
Total Monthly Charge - £836.89 plus mortgage required for 40% share.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resale
Layout and dimensionsGround Floor:
Communal entrance lobby. Private entrance hall with fitted storage and utility cupboards.
Kitchen:
2.05 x 3.25. Bedroom
with fitted cupboard; 5.11 x 2.72 (dimensions of maximum width and length).
Bathroom with WC
Reception room:
3.73 x 5.91
(dimensions of maximum width and length).
Outside:
Communal grounds and areas, including bin and bike stores. Underground allocated parking space.
Energy Rating Band - C
Environmental Impact Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- One bedroom
- Ground floor
- Well-maintained communal gardens
- Entryphone system
- Underground allocated parking space
- Available for 40% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 40%, full price £422,500, £8,450 Min Deposit. Calculated using a representative rate of 3.82%