Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Apartment
1 bedroom
Not specified
1/14
Available
£130,000
Haygarth House, Holman Drive, UB2 4FY
Share 40% / Full price £325,000 / Min deposit £13,000
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
You may be eligible for this property if: You must be at least 18 years old. Your annual household income must be less than £90,000. You are unable to purchase a suitable home to meet your housing needs on the open market. You should generally be a first-time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply. Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Description
Property Reference Number: 1639135
*This property is applicable only to applicants who live or work in the Borough of Ealing*
Nestled on the border of Southall and Hanwell, this 1-bedroom apartment on the 4th floor offers convenience and connectivity to the best of the local area and across London.
Just 0.7 miles from Hanwell Station, around a 15-minute walk, this home provides easy access into key central London hubs such as Tottenham Court Road, Farringdon and Liverpool Street via the Elizabeth Line.
Closer to home you have access to a range of local amenities and attractions. A good selection of local shops including Lidl, Iceland, Sainsbury's, Waitrose and Tesco can all be found nearby. For the weekends, there are plenty of open green spaces such as Brent Lodge Park, Elthorne Park and Brent River Park just a short walk away, with Hanwell Zoo also closeby for a day trip with friends and family.
A short bus ride away or a few stops on the Elizabeth Line and you can be in Ealing Broadway, with access to a wide range of dining and entertainment options.
Open-plan living space with floor-to-ceiling windows
Utility cupboard with plenty of storage
Integrated kitchen appliances in excellent condition
Secure bike storage
Lift access in building
Video-phone entry system
Financial information
Tenure: Leasehold
Remaining lease term: 119 years
Annual ground rent amount: £250.00
Ground rent review period: Ground rent for first 21 years of term
Annual service charge amount: £2,718.48
Service charge review period: Annually
Council tax band: C
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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.
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable
£130,000
Shared Ownership Resale
Full price £325,000
Estimated monthly cost£1,494
Rent£622
Service charge£227
Mortgage£645
Calculated using a representative rate of 4.42%
Share
Deposit
£
How is this calculated?
How is this calculated?
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.
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