1 bedroom apartment for sale
L&Q at Western Circus - 197, W3 7BJ
Share percentage 25%, full price £405,000, £10,125 Min Deposit.
Share percentage 25%, full price £405,000, £10,125 Min Deposit.
Monthly Cost: £1,223
Rent £531,
Service charge £170,
Mortgage £522*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Minimum household income: £40,717
Summary
Just released - a brand new collection of 1 & 2 bedroom apartments at L&Q at Western Circus, East Acton
Description
Apartment 197 is a 1-bedroom, 1-bathroom, 6th-floor apartment at Tabbard Apartments - available with Shared Ownership.
Financial Breakdown
Full Market Value: £405,000
Minimum Share Value (25%): £101,250
Minimum Deposit: £10,125
Minimum household income: £41,480
Available to purchase with Shared Ownership, buyers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.
Buy your first home in West London...
A brand new development located in a prime position for the Central Line in East Acton. Western Circus is an exciting new development offering a selection of 1, 2 and 3 bedroom apartments, thoughtfully designed to maximise views of London, boasting communal gardens and convenient amenities. Acton is popular location is on the A40 in Zone 2, 10 mins from Westfield Shopping Centre, 15 mins drive to Paddington and 12 mins by Tube to Central London.
Register to contact a member of our sales team!
*Shared Ownership terms and conditions apply. Please visit lqhomes.com/shared-ownership for more information.
Key Features
- 5 minute walk from East Acton Underground Station
- 10 minute drive from Westfield Shopping Centre
- Landscaped communal gardens
- Private outdoor space to all homes
- Brand new Elizabeth Line providing high speed links to Heathrow Airport, London's West End and Canary Wharf
- On-site energy centre that supplies heat and power across the development
- Lidl supermarket now open on-site
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor PlanVideo Tour
Map
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 25%, full price £405,000, £10,125 Min Deposit. Calculated using a representative rate of 4.80%