1 bedroom apartment for sale

Available

Luma Apartments, NW10 7FN

£140,000 · Shared Ownership Resale

Share percentage 50%, full price £280,000, £14,000 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
£140,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £280,000, £14,000 Min Deposit.

Monthly Cost: £1,254
Rent £321, Service charge £223, Mortgage £710*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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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 desirable one-bedroom resale apartment is now available now for Shared Ownership in Northwest London!

Description

A desirable one-bedroom resale apartment is now available now for Shared Ownership in Northwest London! This second-floor apartment is available through Shared Ownership, for £140,000 for a 50% share with a full market value of £280,000.
This apartment which was built in approx. 2012 is situated on the second floor of a ten-storey development. From the front door you are presented with a hallway which leads to an open plan living area, plus a fully fitted contemporary kitchen with new integrated appliances. The apartment comes with a new hob, new fridge/freezer, new washing machine, new oven and a new dishwasher. In the refurbished bathroom, it is sleek and offers a place for relaxation.
The bedroom and living room have been installed with a HVAC (heating, ventilation and air conditioning) to keep you warm and cosy during the winter months and cool and fresh in the summer, furthermore this apartment has been fitted with new flooring. Overall, the gross internal area of the property is 52m² and it comes with a private balcony and allocated off street parking.

AREA

The apartment is located close to Central Middlesex Hospital and nearby shops such as a Asda Superstore, restaurants, cafes and bars. Harlesden Station (Bakerloo line & London Overground) is just a 10-minute walk away and Park Royal Station (Piccadilly line) a 20-minute walk or 7-minute drive from the apartment. There are numerous bus services like the bus (487, 224, 440) that offers easy access to Westfield and surrounding areas. Just 2 miles away is North Acton playing field which offers a large open space for sports and activities. If you want some open space head to Wormwood Scrubs Park which is only 3 miles away. Wormwood Park is a designated local nature reserve perfect for spotting wildlife and bird watching.

Key Features

• Double glazed windows
• Private balcony
• Gross internal floor area - 52m²
• New appliances
• Double bedroom
• Fitted HVAC (heating, ventilation and air conditioning)
• The property benefits from an allocated off-street parking
• Refurbished bathroom with a new bath, Hansgrohe Shower/Bath unit, Duravit Toilet seat

Particulars

Tenure: Leasehold
Lease Length: 110 years
Council Tax Band: Not specified

Map
Harlesden (0.47 miles) North Acton (0.68 miles) Park Royal (0.89 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.

£140,000
Shared Ownership Resale
Estimated Monthly Cost:£1,254
Rent £321
Service Charge £223
Mortgage £710

Share percentage 50%, full price £280,000, £14,000 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.