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£100,000
Ensuite bathroom, private balcony, communal gardens.
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
SHARED OWNERSHIP
Full Market Value: £400,000
Share Value (25%): £ 100,000
Monthly Rent: £741.03
Service Charge: £322.17
Council Tax Band: D
Year lease commenced June 2018 -242 years remaining
EWS1 certification is available for this property - A1 rating
Enter this well presented second floor apartment via a spacious hallway with storage. An open plan reception area opens onto a good sized balcony overlooking the communal grounds. The modern high gloss kitchen includes fully integrated appliances. There are two double bedrooms, the master having benefit of an en-suite shower room. A contemporary bathroom serves the second bedroom.
Lakeside Drive is very well located within short walking distance of Hanger Lane and Park Royal stations providing an excellent transport link for Central Line and Piccadilly and easy access to the A406, A40, A4 and M4 for the road user. Nearby Crossrail and Park Royal Stations are just a 6 minute walk away with connections into The City via the Piccadilly line and Hangar Lane station. The Central line is a 10 minute walk away via Hangar Lane where you could be at Westfield London in 8 minutes or Oxford Circus in 22 minutes, while Heathrow Airport is less than half an hour by car.
Local amenities include an onsite salon, barber, dentist, café, supermarket and nursery, while a few minutes' walk away is a new luxury cinema, bars, restaurants, gym and arcade centre. This apartment is perfect for young professionals and city workers who want the perfect balance between the buzz of London life and tranquil green spaces.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £56,420. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website http://www.lqhomes.com/ and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at April 2026.
