2 bedroom apartment for sale
Portree House, W3 6GW
Share percentage 25%, full price £525,000, £13,125 Min Deposit.
Share percentage 25%, full price £525,000, £13,125 Min Deposit
Monthly Cost: £1,718
Rent £780,
Service charge £275,
Mortgage £663*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Allocated parking, long lease, private balcony. Make this home your own, enjoy a £500 B&Q Voucher on completion*.
Description
Shared Ownership
Full Market Value: £525,000
Share Value (25%): £131,250
Monthly Rent: £811.68
Service Charge: £209.18
Council Tax Band: D
250 year lease commenced January 2019 - 244 years remaining
EWS1 is available for this property, B1 Rating
L&Q welcomes you to view this two bedroom, second floor apartment.
This bright and spacious apartment consists of an open-plan kitchen and living area, flooded with natural light from wide floor length windows leading to a private balcony. The kitchen is fitted with grey base units and off white wall units, and a granite effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, and extractor fan. Spacious main double bedroom, bright and airy second double bedroom. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. Additional storage cupboards in hallway. Allocated parking space.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Tube and main line stations are less than a 20-minute walk away. Acton Central Overground station is just a seven minute walk from Churchfield Quarter. Acton Town (Zone 3) is on the Piccadilly and District line and offers regular services across London, as does the main line station where the Elizabeth Line will get you to Liverpool Street or Heathrow in approximately 20 minutes.
Acton is a bustling hub of activity, brimming with quirky coffee shops, interesting boutiques, funky pubs and bars and a vibrant local market, the majority of which can be found just a few steps from your front door. As well as plenty of amenities, Acton also has lots of outdoor space so it's perfect for a range of lifestyles.
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 £62,855. If you are offered the home, 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 www.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 of May 2025.
*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.
Key Features
- Modern stylish interior
- Use of roof terrace
- Communal heating
- Located in one of the most well-connected suburbs in London
- Private parking bay
Particulars
Tenure: Leasehold
Lease Length: 244 years
Council Tax Band: D
Property Downloads
Key Information Document Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £525,000, £13,125 Min Deposit. Calculated using a representative rate of 4.59%