1 bedroom apartment for sale
17 Verbena House, UB1 1BL
Share percentage 25%, full price £340,000, £4,250 Min Deposit.
Share percentage 25%, full price £340,000, £4,250 Min Deposit.
Monthly Cost: £1,075
Rent £419,
Service charge £172,
Mortgage £484*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
One bedroom Shared Ownership apartments, with private balcony, at Berkeley's The Green Quarter in Southall
Description
Join us at our next open day; Saturday 27th April,10.30am to 5pm
Studio, 1 & 2 bedroom apartments available with Shared Ownership. New monthly rents on selected homes at West Acre Square* - book your viewing.
Plot C2-14 (Studio apartment) monthly rent before - £541.38; now - £381.69. Total monthly costs from £994.78.
Plot C1-11 (1 bed apartment) monthly rent before - £598.56; now - £421.70. Total monthly costs from £1,081.07.
Plot C1-03 (2 bed apartment) monthly rent before - £838.75; now - £385.00. Total monthly costs from £1,220.64
Find more homes with the reduced monthly rents at West Acre Square on our pricelist.
About West Acre Square
Part of Berkeley's The Green Quarter development in Southall, we are excited to deliver a range of studio, one and two bedroom Shared Ownership apartments across two blocks in one of the UKs most biodiverse developments.
The Green Quarter is one of London's most ambitious regeneration projects in the 88-acre site that will include 13 acres of parkland and 2,500 new trees planted, as well as community and retail spaces.
These new build apartments all come with private terrace or private balcony, underfloor heating and, as with all Southern Housing homes, integrated appliances in the kitchen.
Homes are situated conveniently within walking distance of Southall Crossrail station where you can be at Heathrow in 8 minutes and central London in just 17 minutes.
*CGIs/images are for illustrative purposes only. Full list specification can be found in the brochure, download to find out more! New build - council tax band/property rates to be determined.
Shared Ownership
Did you know the key benefits of Shared Ownership?
Low deposit - you only pay from 5% of the share you are buying.
Flexibility - you choose when you want to purchase extra share of your home.
Accessibility - you can get on the property ladder quicker and Shared Ownership helps you get the mortgage even with a lower salary. Monthly costs can also work our cheaper than renting privately - discover the availability below.
Eligibility Criteria
To be able to own a home through Shared Ownership at West Acre Square, you'll need to meet the following criteria depending on your situation:
Your overall household income is less than £90,000
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
Priority will be given to those that work or live in the borough
Register your interest today to find out how to book your viewing.
*Monthly rents shown on the pricelist are after the reduction and the full breakdown of monthly costs is subject to affordability and deposit paid.
Key Features
- Private balcony
- Integrated kitchen appliances
- Walking distance to Southall station on the Elizabeth Line; for travel into central London in just 17 minutes
- Part of one of London's most ambitious regeneration projects
- 13 acres of parkland
- Amenities on site
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor Plan Brochure Brochure Price ListVideo 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 £340,000, £4,250 Min Deposit. Calculated using a representative rate of 5.26%
