1 bedroom apartment for sale
Rennie Court, 9 Brindley Place, UB8 2WA
Share percentage 40%, full price £300,000, £6,000 Min Deposit.
Share percentage 40%, full price £300,000, £6,000 Min Deposit.
Monthly Cost: £1,506
Rent £548,
Service charge £274,
Mortgage £684*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Minimum household income requirement: ^£49,350 (based on a 10% deposit of £12,800)
Application process: If you wish to proceed with an application, a financial assessment must be completed. This forms part of Home Group’s buyer approval process. The assessments are carried out remotely by The Mortgage People. Once you have confirmed an interest in purchasing a property, the contact details will be made available.
We will not carry out any credit checks or contact any reference agencies without your written consent.
Current homeowners: Anyone who currently owns a home must have a sale agreed to apply.
Pets: Pets are not permitted in buildings with communal areas.
Summary
Can you afford to miss out on this stunning 1 bed apartment in Uxbridge?
Description
***Please quote REN125 when enquiring***
- The exciting stuff! -
Stop! You no longer need to keep searching for your new home! Here it is waiting for you. This 1-bedroom apartment offers your own private balcony with panoramic views of the immediate area and beyond. Imagine sitting enjoying the sunrise with your morning coffee, what a great way to start your day! Perfect for commuting, ideal for entertaining and ready for you to put your own stamp on. Can you afford to miss this?
- What’s it all about? -
Shared ownership is a government backed scheme that can be a stepping stone to completely owning your own home. If you’re finding it difficult to save for a deposit this is a great option as the amount you’ll need is based on the share you’re buying. With a deposit of 5% its more affordable, just £6,000 for a 40% share!
Also an option to purchase up to 100% leasehold- the more shares you own, the less rent you pay! At 100% ownership, no rent is payable.
- The need-to-know bits -
PRICE- *£120,000
RENT- £548.20pm
SERVICE CHARGE- £274.17pm**
*This represents a 40% share of the full open market value of £300,000
**This includes: Service charge and Management fee and are reviewed annually.
Tenure: Leasehold
Lease: 125 years from and including 1 January 2018
Years remaining on lease: approx. 120 years
Application process: If you wish to proceed with an application, a financial assessment must be completed. This forms part of Home Group’s buyer approval process. The assessments are carried out remotely by The Mortgage People. Once you have confirmed an interest in purchasing a property, the contact details will be made available.
We will not carry out any credit checks or contact any reference agencies without your written consent.
Current homeowners: Anyone who currently owns a home must have a sale agreed to apply.
Pets: Pets are not permitted in buildings with communal areas.
Key Features
- Available under the shared ownership scheme or 100% leasehold- you will not want to miss this one!
- *Only £120,000 for a 40% share*
- Viewing is highly recommended
- Everything you need right on your doorstep!
- Neutrally decorated throughout- ready for you to put your own stamp on
- Private balcony and communal gardens
- Allocated parking space
- Open plan kitchen/living room
- Call us today on 0191 7311445 to find out more!
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: C
Property Downloads
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 £300,000, £6,000 Min Deposit. Calculated using a representative rate of 5.26%
