1 bedroom apartment for sale
Beaton Apartments, 221 Harrow View, HA1 4GL
Share percentage 25%, full price £315,000, £7,875 Min Deposit.
Share percentage 25%, full price £315,000, £7,875 Min Deposit.
Monthly Cost: £1,293
Rent £674,
Service charge £219,
Mortgage £400*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- 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 or rent.
Summary
Available through our resale shared ownership scheme, a second floor, one-bedroom apartment in Harrow.
Description
Property description:
The property comprises a communal entrance, entry system, lift access, kitchen with integrated appliances, dining/living area, one bedroom, family bathroom with shower over bath, hallway storage cupboard and a balcony.
The property also benefits from access to a communal garden with a bike shed and free access to a new onsite gym.
Lease: Commenced 2021 with 999-year term
Council Tax Band: Harrow Council - C
Approx. Gross Internal Area: 541sq.ft.
FINANCIAL INFORMATION
Property Value = £315,000
Percentage Share = 25%
Share Price = £78,750
Monthly Ground Rent = £12.50
*Monthly Rent = £674.33
*Monthly Service Charge = £218.77
**Monthly Mortgage Payment = £402.00
***Annual Household Income = £47,000
*Please note the rent and service charge is reviewed annually 01 April.
** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.
***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced.
Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.
Key Features
LOCAL AREA INFORMATION
· Excellent transport links, Harrow & Wealdstone Station within walking distance. Offers travel to Euston in just 12 minutes and to Clapham junction in 30 minutes. A bus stop outside our front door takes you to Harrow-on-to-Hill station in just 5 minutes for fast links to the city.
· Headstone Manor Park is just 5 minutes away, the park has recently been developed and features a café, large children playground, outdoor gym and tennis courts. The manor also holds events for all ages year round.
· St Georges and St Anns shopping centre is just 5 minutes away via a bus. The shopping centres includes high-street shops, restaurants, cinema and bars.
· Wealdstone high street is nearby and offers a variety of supermarkets, well-known high-street shops and restaurants for any taste.
· Close by to Harrow leisure centre, equipped with swimming pools, gym, badminton courts, squash courts and classes.
· Within walking distance to Harrow recreation park, featuring a large green space perfect for walks and relaxing.
Particulars
Tenure: Leasehold
Lease Length: 996 years
Council Tax Band: C
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 25%, full price £315,000, £7,875 Min Deposit. Calculated using a representative rate of 4.64%
