A spacious two-bedroom flat located in Richmond is now available for sale through Shared Ownership. The property is on the first floor in a three-storey block of 16 apartments. It comprises a large double bedroom, secondary bedroom, bathroom with shower over bath, large lounge, hallway, and fitted kitchen. The property benefits from communal grounds, allocated parking space and is within walking distance of Deer Park and Richmond station.
Minimum income required: £52,758
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £128,750 for 25% share based on the marketing figure of £515,000.
Monthly rent - £871.24
Monthly Service Charge - £125.07
Total Monthly Charge - £996.31 plus mortgage required for 25% share.
An annual rent increase takes place every April
Layout and dimensions
Ground Floor:
Communal entrance lobby with staircase
First Floor:
Private entrance hall with fitted storage and airing cupboards.
Bedroom one with fitted cupboard:
3.68 x 3.02
Bedroom two:
3.12 x 3.00.
Bathroom with WC
Kitchen:
2.22 x 2.42
Reception room:
5.69m x 4.98m
Outside:
Communal grounds and areas, including bin store. Allocated parking space
EPC rating
Energy Rating Band - C
Environmental Impact Band - C
Other information
All room dimensions are approximate.
Please note figures given for rent and service charge are correct at the time of marketing. There is an annual increase that takes place. Please contact us for more information.
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.