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
2 bedrooms
Not specified
1/13
Available
£83,750
Opal House, Agate House, NW10 7FB
Share 25% / Full price £335,000 / Min deposit £8,375
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:1639351
This 2-bedroom property is situated close to transport links offering swift connectivity to central London. Park Royal Station is a 14-minute walk servicing the Piccadilly line, and Hanger Lane station servicing the Central line is 9 minutes.
Park royal is minute from the property offering green open space for tranquil walks, plus a local cinema and arcade for entertainment.
Nearest stations: Hanger Lane underground (0.4 miles), Park Royal underground (0.6 miles) Bus routes nearby: 112, 224, 226
Key features: - Private parking space - Integrated kitchen appliances - Great transport links to central London
Financial information Tenure: Leasehold Remaining lease term: 81 years Annual ground rent amount: N/A Ground rent review period: N/A Annual service charge amount: £4,019.76 Service charge review period: Annually Council tax band: D *Financial information correct as of 17/09/24
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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
£83,750
Shared Ownership Resale
Full price £335,000
Estimated monthly cost£1,911
Rent£1,160
Service charge£335
Mortgage£416
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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