1 bedroom apartment for sale
Pearson Apartments, HA1 1GU
Share percentage 35%, full price £340,000, £11,900 Min Deposit.
Share percentage 35%, full price £340,000, £11,900 Min Deposit.
Monthly Cost: £1,569
Rent £696,
Service charge £269,
Mortgage £604*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
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
Available for resale shared ownership, a tenth floor, one-bedroom apartment located in the sought-out area of Harrow, Middlesex.
Description
Available for resale shared ownership, a tenth floor, one-bedroom apartment located in the sought-out area of Harrow, Middlesex.
Property description:
The property comprises of; secure entrance with phone entry system, private front door, hallway, open plan living/dining/kitchen area with in-built appliances, large master bedroom and family bathroom with shower over bath.
This property also benefits from a private balcony with hill view access to communal roof terrace, floor to ceiling windows and underfloor heating.
Length of Lease: Commenced 2018 with 999-year term
Council Tax Band: Harrow council band - C
Gross Internal Area: 560sq.ft
FINANCIAL INFORMATION
Property Value = £340,000
Percentage Share = 35%
Share Price = £119,000
*Monthly Rent = £695.67
*Monthly Service Charge = £269.42
**Monthly Mortgage Payment = £608.00
***Annual Household Income = £59,000
*Please note the rent and service charge is reviewed annually 01 April.
** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.
***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced.
Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.
Key Features
· College Road in Harrow is in the London region of England. The postcode is within the Greenhill ward/electoral division, which is in the constituency of Harrow West.
· The nearest railway station is Harrow-on-the-Hill, approximately 100 yards away.
· St Anselm's Catholic Primary School, approximately 650 yards away and Harrow High School, approximately 550 yards away.
· The Northwick Surgery, approximately 630 yards away. Please consult the NHS Choices website to check if the facility is currently accepting new NHS patients.
· Moorfield’s Eye Centre at Northwick Park Hospital, approximately 0.6 miles away.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan 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 35%, full price £340,000, £11,900 Min Deposit. Calculated using a representative rate of 4.64%
