2 bedroom apartment for sale
Marlborough House, UB7 9FJ
Share percentage 40%, full price £290,000, £11,600 Min Deposit.
Share percentage 40%, full price £290,000, £11,600 Min Deposit
Monthly Cost: £1,519
Rent £631,
Service charge £302,
Mortgage £586*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £49,000. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,000. Total approximate savings required £20,000.
Important borough specific eligibility criteria
Hillingdon
All London applicants will be considered with priority given to people who live/work in the borough.
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
Ground floor 2 bedroom flat in Hillington for full value £290,000 (40% share price of £116,000) available through Shared Ownership.
Description
Ground Floor
- Communal entrance and lift
- Hallway
- reception room/kitchen
- two bedrooms
- shower/WC
Externally
- Terrace
- communal gardens
- Demised car space.
Admin fees
£13.50
GIA
62 sqm
EPC rating
C
Length of lease
107 Years Remaining
Key Features
Key Features
The property is within reasonable travelling distance of the local shopping and recreational facilities within the area.
Particulars
Tenure: Leasehold
Lease Length: 107 years
Council Tax Band: D
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Terrace
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £290,000, £11,600 Min Deposit. Calculated using a representative rate of 4.59%
