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2 bed apartment in Hounslow

Windmill Road, London, W5 4BT

Available Now

Full price £450,000 / minimum share £270,000 (60%)

Viewing Saturday 29 & Sunday 30 April. Call 0203 815 1234 to book your appointment.

Affordable housing scheme: resales ('part buy part rent' on 2nd hand homes)

Budget calculator

Estimated total monthly cost£1,408

(includes: rent£215,

service charge£141,

estimated mortgage£1,053)

Two bedroom ground floor flat, in the London Borough of Hounslow, available to buy through Shared Ownership. Full market value £450,000 including £8,500 worth of Leaseholder Improvements. 60% share available, share price £273,400 – includes £8,500 worth of leaseholder improvements.

Monthly fees
Minimum Income: £64,556 
Monthly Mortgage*: £1,435.35 
Monthly Rent: 214.83 
Notting Hill Service Charge**: £141.26 
Council Tax: £116.92

Estimated Total (per month): £1,791.44 (excluding Council Tax)

*Estimate 
** Service Charge payable to Notting Hill Housing 
The monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage The rent may increase each year, the increase calculation will be specified in the lease.

Accessibility Rating: 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.

Eligibility

You will need to be earning a guidance income of at least £64,556. You will need access to savings of at least £4,000 to cover the cost of buying the home and £8,500 to cover the improvement value. A minimum 10% deposit approx. £27,340. Total approximate savings required £39,840.

Important borough specific eligibility criteria
Hounslow
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 and are deemed to be in need of housing by your local council.

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.

Ground floor
Shared lobby entrance hall and with stairs to upper floors

Ground floor
Flat entrance leading to hallway, large cupboard, combined bathroom/W.C, two bedrooms, large reception room and dining area, enclosed kitchen.

External
Private rear garden, allocated parking space

GIA
56.98 square metres as per RICS valuation

Accessibility rating 
E - Step Free

EPC rating
D

Length of lease
166 years

Borough
Hounslow

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Share to Buy Ltd is authorised and regulated by the Financial Conduct Authority. FCA register number 306800. You can find more detail on our status in our Initial Disclosure Document [109k] and Terms of Business.

For further information, contact us or write to: Share to Buy, PO Box 11998, Sudbury CO10 3BS. Registered in England and Wales no: 04909788.