2 bedroom apartment for sale
Nowlan Court, Rosenburg Road, W3 8GF
Share percentage 40%, full price £530,000, £21,200 Min Deposit.
Share percentage 40%, full price £530,000, £21,200 Min Deposit.
Monthly Cost: £1,966
Rent £577,
Service charge £313,
Mortgage £1,076*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Modern purpose built fifth floor apartment close to Acton Town tube
Description
SHARED OWNERSHIP
Full market value - £530,000
You pay (40%) - £212,000
Monthly rent - £576.80
Service charge - £313.21
Ground rent- £100.00 per annum
Council Tax Band - D
125year lease commenced in January2017 - 117 years remaining
EWS1 certification is available for this property - B1 rating
Thisbright andairy apartment consistsof anopen-plan living area, which opens up onto a private balcony. The modern kitchen is fitted with integrated appliances. There are two double bedrooms, the mater having fitted wardrobes and en-suite. A contemporary bathroom completes the accommodation.
Nowlan Court is within easy reach of Acton′s shops, restaurants and local pubs, and is also within a short walk to Chiswick High Road which also offers a large array of shops and restaurants.There are also excellent transport links with Acton Town tube station a 5 minute walk away, featuring the Piccadilly and District line tube, as well as the Overground service at South Acton station and road links to Heathrow Airport via the A4/M4.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £73,193. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note thatapplicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of March 2024.
Key Features
- Close to Acton Town tube
- Long lease
- Good EPC rating
- Private balcony
- Ample storage
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D
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 40%, full price £530,000, £21,200 Min Deposit. Calculated using a representative rate of 4.64%
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