1/5
£103,750
Positioned in the heart of Maida Vale, this apartment presents an exceptional opportunity to acquire a well-appointed residence in one of West London’s most desirable postcodes.
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £415,000 and a purchaser would not need to meet the eligibility criteria listed above.
Positioned in the heart of Maida Vale, this apartment presents an exceptional opportunity to acquire a well-appointed residence in one of West London’s most desirable postcodes.
This attractive apartment offers a bright and well-proportioned layout, designed to maximise natural light and functional living space. The reception room provides a comfortable setting for both everyday living and entertaining, complemented by large windows that enhance the sense of openness. The kitchen is thoughtfully arranged with ample storage and workspace, creating a practical yet stylish culinary environment.
The bedroom accommodation is generously sized, offering a calm and private retreat, while the bathroom is finished in a clean, contemporary style. Throughout, the property benefits from a neutral décor, allowing prospective purchasers to personalise the interior to their taste.
There is an allocated underground car parking space
Fazeley Court is a well-maintained residential building, set within a quiet enclave yet moments from the vibrant amenities of Maida Vale and neighbouring Little Venice. Residents enjoy convenient access to local cafés, boutique shops, and green open spaces, as well as excellent transport connections into Central London via nearby Underground stations and bus routes.
PRICING & AFFORDABILITY
Full Market Value: £415,000
25% Share Price: £103,750 (rent £801.90 pcm)
Minimum 5% Mortgage Deposit (25% share): £5187.50
Approximate Service Charges: £174.69 pcm*
Lease: 101 years
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership
