2 bedroom apartment for sale
Busford Court, W3 8DP
Share percentage 25%, full price £550,000, £13,750 Min Deposit.
Share percentage 25%, full price £550,000, £13,750 Min Deposit.
Monthly Cost: £1,754
Rent £830,
Service charge £226,
Mortgage £698*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Immaculate two bedroom two bathroom apartment
Description
SHARED OWNERSHIP
Full market value - £550,000
You pay (25%) - £137,500
Monthly Rent - £829.87
Monthly Service Charge - £225.80
Annual Ground Rent - £100
125 year lease commenced in January 2020 (121 years remaining)
EWS1 certification is available for this property - B1 rating
The entrance into this well presented apartment is through a spacious entrance lobby with multiple storage cupboards. The dual aspect open plan living area opens onto a large private balcony perfect for lounging or dining. There are two well proportioned double bedrooms, the master with fitted wardrobe and en-suite. A contemporary family bathroom completes the accommodation.
Acton Gardens is situated between five key rail connections: South Acton, Acton Central, Acton Main Line, Acton Town and Chiswick Park. The nearest stations are Acton Town Underground and South Acton Overground, both approximately a nine minute walk.
With the Elizabeth Line, Acton Gardens is the ideal place for a commuter, with the service travelling from Romford to Reading and Heathrow, stopping at 40 stations along the way it provides quick and easy access across the city.
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 £65,275. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants 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 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 at April 2024.
Key Features
- Designer fitted kitchen
- Open plan layout
- Balcony
- Ample storage
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateVirtual 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 £550,000, £13,750 Min Deposit. Calculated using a representative rate of 4.64%
