£265,000
Two bed apartment in Westminster available through shared ownership. 50% share for 265,000, Full value for 530,000.
As a guide you will need to have a household income of at least £80,900. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £26,500. Total approximate savings required £30,500.
Important borough specific eligibility criteria
Westminster
Applicants must be registered with the Westminster Home Ownership Team
Applicants who live and / or work in Westminster will be prioritised, pan-London applicants will be considered. Westminster will only accept applicants who have registered with the Westminster council directly. You will not be able to book a viewing for this resale without your Westminster reference number. This property will not go to anyone not registered with Westminster for a minimum of eight 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 and are deemed to be in need of housing by your local council.
Viewing dates: 25th and 26th July
Location: The property is located within the London Borough of Westminster, in a residential use area of Westbourne. The property benefits from access to a range of local services, including schools, supermarkets, convenience stores, cafes, restaurants, and health and fitness facilities. Transport connections are good with Royal Oak underground station being within walking distance.
The subject property is a Two-bedroom/One-bathroom purpose built flat, located on the Middle Ground floor of a four-storey building built circa 1965. The construction type is an RC Frame Cavity wall where the external elevations comprise a brick outer leaf. UPVC framed double-glazed windows. The roof is flat with a felt covering. Modern fittings in a good condition with the overall condition of the property being fairly good and well kept. The property benefits from a private full access balcony and communal gardens. All mains services are connected and there is a gas-fired central heating system.
- Royal Oak Underground Station (0.3km)
- Warwick Avenue Underground Station (0.4km)
- Westbourne Park Underground Station (0.8km)
- Paddington (H&C Line)-Underground (0.9km)
- Maida Vale Underground Station (0.9km)
- Bayswater Underground Station (1.1km)
- Paddington (1.1km)
- Paddington Underground Station (1.1km)
- London Paddington Rail Station (1.1km)
- Queensway Underground Station (1.3km)