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1 bedroom apartment for sale

Available

Beaufort Court, 49 Lillie Road, SW6 1UA

£225,000 · Shared Ownership Resale

Share percentage 45%, full price £500,000, £22,500 Min Deposit.

Available
1 bedroom
£225,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 45%, full price £500,000, £22,500 Min Deposit.

Monthly Cost: £1,813
Rent £531, Service charge £140, Mortgage £1,142*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

A fantastic 1-bedroom Shared Ownership apartment in Fulham with a brand-new kitchen, spacious balcony and underground parking. 

Description
Property reference number: 1330
 
This fantastic property is in prime location of Fulham. There are excellent transport links with West Brompton Station and Earls Court Stationboth under five minutes walk away. There is also a bus stop directly opposite the development, which provides links to Central London and Oxford Street.
 
There are an array of shops and restaurants within walking distance at West Brompton Crossing, North End Road Market and Fulham Broadway.

Nearest Tube station: West Brompton Station, West Kensington, Earls Court Station
Bus routes nearby: 430, 74, 190

The property located on the third floor comprises:
  • Entrance: Hallway with a storage cupboard in the hallway, a boiler cupboard and entry phone system.
  • Living Room: Generous living area with lots of natural light and door to balcony. Carpeted flooring.
  • Kitchen: Brand new kitchen with white gloss handle-free cupboards and units. Linoleum flooring.
  • Bedroom: Double Bedroom. Carpeted flooring.
  • Bathroom: White suite comprising panelled bath with shower over, WC, hand washbasin with shelving and large mirror over. Full-height tiling around the bath. Heated towel rail. White linoleum flooring.
  • Outside: Private balcony, underground parking and communal play area.
What happens after I register my interest? 
 
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form. 
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you. 

What is Resale Shared Ownership? 
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.  
 
Financial information
  • Tenure: Leasehold
  • Remaining lease term: 105 years
  • Annual ground rent amount: £0
  • Ground rent review period: No ground rent to pay until final staircasing
  • Annual service charge amount: £1,684.92
  • Service charge review period: 1st April annually
  • Council tax band: Band D
Financial information correct as of 29.08.2023
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D

Map
West Brompton (0.23 miles) West Kensington (0.39 miles) Fulham Broadway (0.43 miles)
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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 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.

£225,000
Shared Ownership Resale
Estimated Monthly Cost:£1,813
Rent £531
Service Charge £140
Mortgage £1,142

Share percentage 45%, full price £500,000, £22,500 Min Deposit. Calculated using a representative rate of 4.64%

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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.