2 bedroom apartment for sale
Cedar House, , TW9 4BG
Share percentage 50%, full price £470,000, £11,750 Min Deposit.
Share percentage 50%, full price £470,000, £11,750 Min Deposit.
Monthly Cost: £2,037
Rent £707,
Service charge £174,
Mortgage £1,156*
Calculated using a representative rate of 3.82%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Richmond, Greater London
Description
Well presented two-bedroom apartment in Richmond available through Shared Ownership. This first-floor apartment comprises a private entrance hall with fitted storage cupboards, a kitchen with fitted appliances, an open-plan reception room, two bedrooms, one with fitted wardrobes, and a bathroom. The property also benefits from an allocated underground parking space and access to communal gardens and areas including secure bike stores.
Minimum income required: £85,043
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £235,000 for 50% share based on the marketing figure of £470,000.
SO Resi Monthly Payment - £706.96
Monthly Service Charge - £173.71
Total Monthly Charge - £880.67 plus mortgage required for 50% share.
The property is approximately 64m2.
Kitchen: 3.66 x 2.13
Reception room: 5.03 x 3.68
Bedroom 1: 5.54 x 2.57
Bedroom 2: 3.20 x 2.90
EPC ratingEnergy Rating Band - B
Other informationAll room dimensions are approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increasethat takes place. Please refer to Resale Team for up-to-date information.
Key Features
- Two bedrooms
- First floor
- Open plan living area
- Allocated parking space
- Access to communal gardens
- Secure bike storage
- Available for 50% 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 50%, full price £470,000, £11,750 Min Deposit. Calculated using a representative rate of 3.82%
