Share Price £279,000 (from 60% Min. Share)

Full Value £465,000 | £27,900 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Hounslow

place Gilbert House, Ealing Road, TW8 0GH

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date_range Viewing 1st December - Call 0203 815 2222 to book an appointment
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Lovely 2 bedroom apartment in Brentford


Eligibility

You will need to be earning a guidance income of £68,275. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£27,900. Total approximate savings required £31,900

Important Hounslow specific eligibility criteria

Priority will go to applicants with a connection to Hounslow followed by the West London Sub-region (Brent, Ealing, H&F, Harrow, Hillingdon, RBK&C). This property will only be offered to applicants who Live or Work to the above for a minimum of four weeks.

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.


Description

Ground floor

Communal lobby entrance of block, lift and stairs to upper floors.

Fifth floor

2 bedrooms, reception room with open plan kitchen, Bathroom/w.c, Large Storage cupboard off hallway

External

Balcony off reception room

GIA

70.49sqm or 750sqft as per RICS valuation

Accessibility rating

E

EPC rating

B

Length of lease

148 years

Borough

Hounslow


Key Features

  • Balcony
  • Allocated Parking
  • Long lease
  • Secure bicycle stores

Download Documents

Link to the floor plan

Accessibility

E – Step Free

No published access design guidance. These are properties that are considered general needs housing but have a level approach/entrance into the property and throughout. Properties in this category that have an internal flight of stair will be likely to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 279,000
Min. £279,000
Share percentage
Min. 60%
Your deposit
Min. £27,900
Monthly cost*
£1,607
Cost breakdown
£287
Rent
£269
Service charge
£1,051
Mortgage*
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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.