1 bedroom apartment for sale

Available

334 Portobello Road, Notting Hill, W10 5SA

£172,500 · Shared Ownership New Build

Share percentage 25%, full price £690,000, £17,250 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£172,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £690,000, £17,250 Min Deposit.

Monthly Cost: £1,698
Rent £808, Mortgage £890*

Calculated using a representative rate of 4.80%

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Eligibility
You may be eligible for this property if: You are at least 18 years old, Your annual 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 property or you are in the process of selling your property
Summary

Brand-new luxury 1-bedroom Shared Ownership homes in Notting Hill, W10

Description
Now launched | Homes available from £172,500 (25% share of £690,000)
 
The Barlby is a 1-bedroom apartment with a private balcony, a thoughtfully laid-out kitchen/dining area. Designed to the highest standards, the larger windows invite extra light into this beautiful home. You will also enjoy an exciting range of premium amenities:
  • Co-working spaces*
  • Courtyard garden
  • Residents' gym*
  • Residents' services*
  • Excellent travel connections to the rest of London and beyond
  • An abundance of green spaces
  • Top ‘must-see’ cultural destinations
  • Oftsed outstanding schools & universities nearby
The Barlby
Shared Ownership Cost Breakdown - 25% Share
* Full market value = £690,000
* Example 25% share price = £172,250
* Estimated monthly rent = £885.94pcm (charged at 2.75% of the unsold equity)
* Estimated monthly service charge = £195.09pcm
 
Local Area
Notting Hill is one of London's most famous & desirable places to live, an iconic neighbourhood offering an enticing & eclectic mix of shopping, eating and drinking destinations.

The local area also boasts several parks & open spaces, including Holland Park, the Royal Borough's largest park, featuring the serene and beautiful Kyoto Garden, live opera & wild-roaming peacocks. Close by are the majestic Royal Parks: Kensington Gardens home to Kensington Palace & Hyde Park with its ever-popular Diana Memorial Fountain, The Serpentine and Speakers' Corner.
 
Travel Connections
The Auria's Zone 2 location offers excellent connections to the rest of London and beyond. There are two underground stations within walking distance: Ladbroke Grove and Westbourne Park and a good choice of buses swiftly linking The Auria to wider London.

Heathrow Airport is easily accessible by road or from Paddington using the Elizabeth Line or the Heathrow Express. The Elizabeth Line also offers a high-speed 3-minute journey to the designer boutiques at Bond Street and beyond.
 
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.
 
Financials
  • Tenure: Leasehold
  • Estimated annual service charge: £2,341.06
  • Service charge review period: Annually
  • Council tax band: TBC
Register your interest to find out more about these homes.
 
*Amenities are subject to change. Shared Ownership purchasers will have the option to opt-in to the use of resident amenities at a cost payable via your service charge.
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan Brochure
Map
Ladbroke Grove (0.29 miles) Westbourne Park (0.42 miles) Latimer Road (0.59 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£172,500
Shared Ownership New Build
Estimated Monthly Cost:£1,698
Rent £808
Mortgage £890

Share percentage 25%, full price £690,000, £17,250 Min Deposit. Calculated using a representative rate of 4.80%


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The Auria Shared Ownership
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.