1 bedroom apartment for sale
Elgar Avenue, NW10 8PQ
Share percentage 40%, full price £275,000, £11,000 Min Deposit.
Share percentage 40%, full price £275,000, £11,000 Min Deposit.
Monthly Cost: £868
Rent £188,
Service charge £122,
Mortgage £558*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £ 30,382 You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,000. Total approximate savings required £15,000
Important borough specific eligibility criteria
BRENT
All London applicants will be considered. However, those living and working in the borough of Enfield 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
One bedroom property on the 2nd floor in Brent available through shared ownership 40% share £ 110,000 Full Market Value £ 275,000
Description
Accommodation
Ground Floor: Intercom, Entrance Hall, and stairwell
2nd Floor: Entrance Hall with storage cupboard
Lounge, Bedroom ( with fitted wardrobe) Kitchen, Bathroom.
Outside: Communal Area
On Estate Car Parking - permit controlled
GIA - 47sqm
Lease Term - 90 Years
EPC - C
Key Features
On Estate Car parking
Local Transport
Neasden Underground Station - within a mile
Dollis Hill Underground Station - within a mile
Wembley Park Underground Station - 1 mile
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 £275,000, £11,000 Min Deposit. Calculated using a representative rate of 4.64%