2 bedroom apartment for sale
Myers Court, Reynard Way, TW8 9GD
Share percentage 40%, full price £525,000, £21,000 Min Deposit.
Share percentage 40%, full price £525,000, £21,000 Min Deposit.
Monthly Cost: £2,137
Rent £871,
Service charge £200,
Mortgage £1,066*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £76,377. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £21,000. Total approximate savings required £25,000.
Important borough specific eligibility criteria
Borough of Hounslow
All London applicants will be considered. However, those living and working in Hounslow will be given priority
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Two-bedroom Fourth floor flat with en-suite shower room in Hounslow available through shared ownership 40% Share £ 210,000 Full Market Value - £ 525,000
Description
This is a well maintained two-bedroom apartment with en-suite shower room located on the fourth floor of a modern building. The property is located within reasonable distance of amenities and the area is well serviced by public transport both bus and rail.
Second Floor
- Entrance hallway
- Open plan kitchen/ living room
- Two bedrooms one with en-suite shower room
- Bathroom with WC
External
- 2 Private Balconies
- Central communal gardens and grounds
- One allocated parking space
- Communal bicycle store in basement
Gross Internal Area
89 sqm
EPC rating
B
Length of lease
121 Years Remaining
Borough
Hounslow
Ground Rent
£29.16pcm
Key Features
- En-suite shower room
- Lift access
- Allocated Parking
- 2 Balconies
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
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 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.
Share percentage 40%, full price £525,000, £21,000 Min Deposit. Calculated using a representative rate of 4.64%