3 bedroom apartment for sale

Available

Marathon House, Olympic Way, HA9 0GE

£150,000 · Shared Ownership Resale

Share percentage 25%, full price £600,000, £7,500 Min Deposit.

Available
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£150,000 Shared Ownership Resale

Share percentage 25%, full price £600,000, £7,500 Min Deposit.

Monthly Cost: £2,594
Rent £1,458, Service charge £281, Mortgage £855*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Summary

A 3 bed shared ownership property available in Wembley, London

Description

This modern, bright, spacious three-bedroom apartment is now available in London (Wembley) through Shatred Ownership.

The property on the ninth floor, comprises an entrance hall, an expansive living room with a modern open-plan kitchen, three bedrooms, and a bathroom. Perfect for families.

The building has a residents' gym and is served by a concierge service that accepts deliveries. There is bike storage and a communal garden space on the first floor.

Available for £150,000 for 25% share based on the marketing figure of £600,000.

Monthly rent - £1457.95
Monthly Service Charge - £280.63
Total Monthly Charge - £1,738.58 plus mortgage required for 25% share.

An annual rent increase takes place every April

Location

The property is well situated in the modern Wembley Park development. It is a 5-minute walk toWembley Park underground station, which has access to both the Jubilee and Bakerloo line and fast trains to central London. There are also frequent bus services.

There are many shops, restaurants, and leisure activities all within close proximity to the apartment. Making this the perfect place to live.

EPC rating

Energy rating band - B
Environmental impact band - A

Layout and dimensions

Gross internal floor area: 86 m²
Living room & kitchen: 5.87 x 5.08 m
Bedroom 1: 5.69 x 2.77 m
Bedroom 2: 4.01 x 3.02 m
Bedroom 3: 3.81 x 2.39 m

Lease information

Years remaining on lease: 117

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
  • Three-bedroom apartment
  • Modern kitchen
  • Great travel links
  • Amenities closeby
  • Available for 25% share
  • 5% minimum deposit only
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Wembley Stadium (0.19 miles) Wembley Park (0.48 miles) Wembley Central (0.61 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.

£150,000
Shared Ownership Resale
Estimated Monthly Cost:£2,594
Rent £1,458
Service Charge £281
Mortgage £855

Share percentage 25%, full price £600,000, £7,500 Min Deposit. Calculated using a representative rate of 5.26%


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.