Share Price £175,000 (from 50% Min. Share)

Full Value £350,000 | £17,500 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Hounslow

place 45 1 Townmeadow, Brentford, TW8 0BQ

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Shepherds Bush Housing Association Resales

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Second Floor One bedroom apartment with balcony


Eligibility

You should generally be a first time buyer, i.e. you don’t already own a home.
You should not be able to afford to buy a home suitable for your housing needs on the open market
Must be able to obtain and afford a mortgage
Musthave a household income of roughly£48,500to meet affordabilitythis is just a guideline and may differ on individual circumstances
Must have at least £4000 to cover the costs of buying a home
Should have around £17,500 in savings to act as a deposit


Description

The property is a one bedroom flat on the second floor


Key Features

The property has a private balcony and one underground parking space. Located on the second floor and is within easy reach of Brentford High Street and all local amenities.

KEY FEATURES
DIMENSIONS
Living room / Kitchen
3.03m x 4.17 9’11” x 13’8”
Plus
4.30m x 3.50 m 14’1 x 11’6”
Bedroom
3.03m x 4.67m 9’11 x 15’4”
Bathroom
2.73m x 3.01m 8’11” x 9’10”
GIF 57.14 sq. m 615 sq. ft.


Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 175,000
Min. £175,000
Share percentage
Min. 50%
Your deposit
Min. £17,500
Monthly cost*
£1,320
Cost breakdown
£155
Rent
£411
Service charge
£754
Mortgage*
Calculated using a representative rate of 3.09%
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Shepherds Bush Housing Association Resales

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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.