1 bedroom apartment for sale

Available

Oakwood Court, HA1 4YW

£78,310 · Shared Ownership Resale

Share percentage 50%, full price £156,620, £7,831 Min Deposit.

Available
1 bedroom
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£78,310 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £156,620, £7,831 Min Deposit.

Monthly Cost: £645
Rent £157, Service charge £91, Mortgage £397*

Calculated using a representative rate of 4.64%

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Eligibility

You may be eligible for this property if: You have a gross household income of no more than £90,000 per annum. You are unable to purchase a suitable home to meet your housing needs on the open market. You do not already own a home or you will have sold your current home before you purchase or rent.

Summary

A one-bedroom resale apartment which ready to move into, is available for a 50% share for £110,000 situated in the popular area of Harrow close to local shops and amenities.

Description

A one-bedroom resale apartment which ready to move into, is available for a 50% share for £110,000 situated in the popular area of Harrow close to local shops and amenities. Built approx. 1995 this apartment is situated on the second floor of a three-storey development.

*Please be aware that the lease duration is currently 58 years, which may be considered short. Buyers will need to extend the lease upon purchase to secure the property. An extension of 90 years is available for an additional £12,997.50.

Area
Living in this apartment means you will be well-connected by public transportation – West Harrow station is approx. 0.3 miles and North Harrow station is approx. 0.8 miles where you can pick up the Metropolitan line. There are some great parks in the vicinity, the closest one is Harrow Recreation Ground which is short walk from the apartment. The park provides excellent sports facilities, as well as a green gym and is home to Harrow Bowls Club, one of the largest Middlesex bowls clubs! There is a good choice of supermarkets nearby, Morisons is on the same road, and Tesco Superstore is approx. 1.1 miles away. For entertainment and retail therapy head to Harrow-on-the-Hill where there is a range of shopping options, from independent boutiques to well-known retailers. St Ann's and St George's shopping centres are popular spots for shopping, as well as going to the cinema and dining out.

Key Features

• Hallway
• Living/kitchen area
• One bedroom
• Bathroom
• The approximate gross internal floor area of the property is 28.4 m²
• The property also benefits from allocated off street parking.

Particulars

Tenure: Leasehold
Lease Length: 60 years
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
West Harrow (0.35 miles) Harrow-on-the-Hill (0.40 miles) North Harrow (0.77 miles)
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.

£78,310
Shared Ownership Resale
Estimated Monthly Cost:£645
Rent £157
Service Charge £91
Mortgage £397

Share percentage 50%, full price £156,620, £7,831 Min Deposit. Calculated using a representative rate of 4.64%


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.