2 bedroom apartment for sale
Cerulean House, 450 Oldfield Lane North, UB6 0GH
Share percentage 35%, full price £495,000, £8,663 Min Deposit.
Share percentage 35%, full price £495,000, £8,663 Min Deposit.
Monthly Cost: £1,974
Rent £549,
Service charge £438,
Mortgage £987*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Greenford, London
Description
A newly built, bright, spacious two-bedroom apartment is now available through shared ownership.
The property is on the fifth floor and comprises was constructed circa 2022. The accommodation comprises as follows: living/kitchen area, two bedrooms, en suite and a bathroom. The property benefits from a private balcony and is allocated off-streetparking.
Key Information Document
Available for £173,250 for 35% share based on the marketing figure of £495,000.
Monthly rent - £549.05
Monthly Service Charge - £438.44
Total Monthly Charge - £987.49 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property is located in Greenford and less than 10 minutes away from the underground and railway station, with the Central Line available. Central London can be reached in about half an hour. A Piccadilly Line is also available at Sudbury station.
The A40 is also just a few minutes away, with available motorway access, making road travel also convenient.
The town centre, near the tube station, is full of shops, large supermarkets, restaurants and pubs. Several schools are also present within a mile's way.
There is also a large and beautiful conservation area, Horsenden Hill, ideal for peaceful walking and relaxing.
EPC ratingEnergy rating band - B
Environmental impact band - A
Gross internal floor area: 76 m²
Living room & kitchen: 7.29 x 4.19 m
Bedroom 1: 4.85 x 3.40 m
Bedroom 2: 4.17 x 2.74 m
Balcony: 2.72 x 1.98 m
Years remaining on lease: 993
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Two-bedroom apartment
- New building (2022)
- Private balcony
- Central London in 30 min
- Available for 35% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 35%, full price £495,000, £8,663 Min Deposit. Calculated using a representative rate of 5.26%
