1 bedroom apartment for sale
Holland Road, W14 8BE
Share percentage 60%, full price £480,000, £28,800 Min Deposit.
Share percentage 60%, full price £480,000, £28,800 Min Deposit
Monthly Cost: £1,693
Rent £125,
Service charge £139,
Mortgage £1,429*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
You will need to be earning a guidance income of £69,333. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £28,800. Total approximate savings required £32,800.
Important borough specific eligibility criteria
Kensington and Chelsea
Priority will be given to applicants who live or work in Kensington and Chelsea 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 third floor flat in Kensington and Chelsea available for Share ownership. A 60% share for £288,000- Full value is £480,000
Description
Viewings will be taking place- Saturday 12th July
The property is a 3rd floor conversion flat, with a 2nd floor entrance within the building (the latter arranged over lower ground, upper ground, first, second and third.
The flat is arranged to provide a 2nd floor entrance door with internal staircase to the 3rd floor. It features a landing, one reception room, kitchen, one bedroom and bathroom/wc. There is a small rear terrace off the stairwell half-landing but the access to it is extremely poor, being via a floor level restricted height window.
- Walking distance of comprehensive shopping and transport facilities.
- 959 years lease
- Share of Freehold
Key Features
Accommodation:
Upper Ground Floor: Communal Entrance via entry phone system with stairs to:
Second Floor Communal Landing: Entrance Door to the Subject Flat 16a, with an internal staircase to the third-floor landing.
Third Floor Flat 16a:
Landing
Reception Room
Bedroom
Kitchen
Bathroom/WC
Outside:
There is a small rear terrace off the stairwell half-landing but the access to it is extremely poor, being via a floor level restricted height window.
Floor Area: 56 sq m
Particulars
Tenure: Leasehold
Lease Length: 959 years
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: Yes - Terrace
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 60%, full price £480,000, £28,800 Min Deposit. Calculated using a representative rate of 4.42%
