1 bedroom apartment for sale
Minford Gardens, W14 0AP
Share percentage 25%, full price £465,000, £11,625 Min Deposit.
Share percentage 25%, full price £465,000, £11,625 Min Deposit
Monthly Cost: £1,266
Rent £395,
Service charge £284,
Mortgage £587*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £40,844. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,625. Total approximate savings required £15,625.
Important borough specific eligibility criteria
Hammersmith & Fulham
Priority will be given to applicants who live or work in Hammersmith & Fulham but all can apply.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
One bedroom lower ground flat situated in London Borough of Hammersmith & Fulham. Available through Shared Ownership 25% for £116,250. Full market value is £465,000.
Description
SPECIFICATION
Kitchen
Reception Room
Bedroom with En-Suite Bathroom
Private Garden (5.1m x 15m)
GIA
46 SQM
Service Charge
£284.45
EPC rating
C
Length of lease
154 years
Borough
Hammersmith & Fulham
Particulars
Tenure: Leasehold
Lease Length: 154 years
Council Tax Band: Not specified
Map
Material Information
Total rooms: 1
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: Yes - Private Garden
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 £465,000, £11,625 Min Deposit. Calculated using a representative rate of 4.59%
