2 bedroom apartment for sale
Baroque Court, Prince Regent Road, Hounslow, TW3 1QQ
Share percentage 30%, full price £320,000, £9,600 Min Deposit.
Share percentage 30%, full price £320,000, £9,600 Min Deposit.
Monthly Cost: £1,357
Rent £703,
Service charge £167,
Mortgage £487*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A well-presented, two-bedroom apartment on the seventh floor of this modern development. The property has a twenty-three-foot reception room with spacious, open-plan kitchen area and a door that leads out onto the balcony. There is a large main bedroom plus a second, comfortable, double bedroom and a good-sized bathroom. Both bedrooms include a fitted wardrobe and a pair of storage/utility cupboards have been provided in the entrance hallway. A broad range of shops can be found on the local high street with a shopping centre and supermarket nearby. Hounslow East station (Piccadilly line) is only a short walk away and Hounslow station (SWR services into Waterloo) is also within easy reach.
SHARED OWNERSHIP (Advertised price represents 30% share. Full market value £320,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/2rpue8v7]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: A2Dominion.
Tenure: Leasehold (125 years from 2007).
Minimum Share: 30% (£96,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £702.86 per month (this figure is from April 2024 and subject to annual review).
Service Charge: £167.16 per month (this figure is from April 2024 and subject to annual review).
Guideline Minimum Income: Dual - £44,400 | Single - £50,700 (based on minimum share and 10% deposit).
Council Tax: Band D, London Borough of Hounslow. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.
Key Features
- Guideline Minimum Deposit £9,600
- Guide Min Income - Dual £44.4k Single £50.7k
- Seventh Floor (building has a lift)
- Approx. 739 Sqft Gross Internal Area
- Open Plan Kitchen/Reception Room
- Balcony
- Minutes from Hounslow East (Piccadilly Line)
- Short Walk from Hounslow Station (SWR)
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D
Property Downloads
Floor Plan BrochureMap
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 30%, full price £320,000, £9,600 Min Deposit. Calculated using a representative rate of 4.64%