2 bedroom apartment for sale
005 Bollo Lane, W3 8UQ
Share percentage 25%, full price £522,500, £13,063 Min Deposit.
Share percentage 25%, full price £522,500, £13,063 Min Deposit.
Monthly Cost: £1,667
Rent £735,
Service charge £258,
Mortgage £674*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
Plot 005 is a 2-bedroom apartment covering 74.8 sq.m. Prices start from £130,625 for a 25% share of £522,500
Description
L&Q at Acton Gardens
Plot 005 is a 2 bedroom apartment covering 74.8 sq.m. internal area with outdoor space.
Full Market Value: £522,500
Shared Value (25%): £130,625
Minimum deposit: £13,062
Required income: £64,668
Council tax band: TBC
Acton Gardens
Acton Gardens is a major redevelopment that has evolved and continues to do so with this latest phase. In simple terms, the vision for Acton Gardens is to affect an urban transformation and create an idyllic and highly desirable place to live. This development sets out to become a model for 21st century urban living, to successfully encompass the key issues of social cohesiveness, transport, environment, technology, and to become an exemplar for the finest architecture.
Unfamiliar with Shared Ownership?
With Shared Ownership you purchase a share of between 25%-75% of a home and pay subsidised monthly rent on the remaining share*. It’s a great opportunity for anyone who is unable to afford to purchase a home outright on the open market but still wants to step foot onto the property ladder.
Shared Ownership eligibility check
Applying with L&Q is the only way to confirm that you’re eligible to purchase one of our Shared Ownership homes. However, this short list will give you an indication of the minimum eligibility requirements:
- have a combined annual household income under £80,000, or £90,000 in London
- not own a property, or part of a property, at the time of completing on your purchase
- have a good credit history
- have a minimum of £5,000 to cover the costs of buying a home
- be over 18 years of age and be able to obtain a mortgage
Register your interest today!
Key Features
- Award winning joint venture development between Countryside & L&Q
- £600m invested into this 52 acre regeneration scheme
- Excellent transport links serviced by District, Piccadilly and Central Line
- Chiswick is just a 15 minute walk
- Local supermarkets just 5 minute aways & Churchfield road with local bars & restaurants is just 10 minutes away
- Extensive redevelopment planned for nearby Bollo Lane to include new shops & green space
- Elizabeth Line service from Acton Main Line
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Brochure BrochureVideo Tour
Map
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 25%, full price £522,500, £13,063 Min Deposit. Calculated using a representative rate of 4.80%
