1 bedroom apartment for sale
Frost Court, 1 Salk Close, NW9 5XH
Share percentage 40%, full price £295,000, £11,800 Min Deposit.
Share percentage 40%, full price £295,000, £11,800 Min Deposit.
Monthly Cost: £1,146
Rent £431,
Service charge £116,
Mortgage £599*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £41,858 You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,800 Total approximate savings required £15,800
Important borough specific eligibility criteria
Brent
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
1 Bedroom 7th Floor Apartment in the Borough of Brent available through Shared Ownership 40% share £ 118,000 Full Market Value £ 295,000
Description
Accommodation
Entrance Hall
Kitchen Lounge and Dining Room
1 Bedroom
Bathroom
Outside
Gated Off Street Parking
Access to Shared Garden
GIA
47M2
EPC
C
Lease Term
114 Years
Key Features
Gated Off Street Parking
Access to Shared Garden
The property is situated close to the centre of Colindale
Nearest train station is Colindale ( 01 miles )
Close proximity to the M1
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 £295,000, £11,800 Min Deposit. Calculated using a representative rate of 4.64%
