2 bed Flat For Sale £375,000
Shared Ownership
The scheme allows you to purchase the specified share of the property price and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later date. As a shared owner you will be an assured tenant until you own 100% of the shares for the property, after which you will own the leasehold interest
Location
gia – 69m²
Bedroom 1 – 4 x3.25 m²
• Double room
Bedroom 2 – 3.26 x 3.31 m
• Double room
• Fitted wardrobe
Bathroom/WC – 2.10 x 2.29m²
• Bath
• WC
• Sink
Kitchen Open Plan to Living room – 7.39 x 3.4m²
Outside
• Balcony
• Allocated parking
Further Info
Tenure: Leasehold
Ground Rent review Period: N/A
Lease Length: 122 years
Council Tax Band: D
Energy Efficiency Rating – B
Ad-hoc Viewings
Viewings strictly by appointment only.
For further information or to book an appointment, please contact our Resales team on
Tel: Or email:
Eligibility
• You must be at least 18 years old
• You should live or work in the London Borough of Hillingdon
• Outside of London your annual household income must be less than £80,000
Sale Price and Equity
Full market value £375,000
55% equity for sale £206,500
Monthly net rent: £426.13
Monthly service charge: £208.66
Council Tax rates payable £1,658.87 pa
• In London, your annual household income must be less than £90,000
• You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market.
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home.
• You must be earning a household income of at least £66,480 per annum, with a minimum deposit of £20,625
The scheme allows you to purchase the specified share of the property price and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later date. As a shared owner you will be an assured tenant until you own 100% of the shares for the property, after which you will own the leasehold interest
Location
gia – 69m²
Bedroom 1 – 4 x3.25 m²
• Double room
Bedroom 2 – 3.26 x 3.31 m
• Double room
• Fitted wardrobe
Bathroom/WC – 2.10 x 2.29m²
• Bath
• WC
• Sink
Kitchen Open Plan to Living room – 7.39 x 3.4m²
Outside
• Balcony
• Allocated parking
Further Info
Tenure: Leasehold
Ground Rent review Period: N/A
Lease Length: 122 years
Council Tax Band: D
Energy Efficiency Rating – B
Ad-hoc Viewings
Viewings strictly by appointment only.
For further information or to book an appointment, please contact our Resales team on
Tel: Or email:
Eligibility
• You must be at least 18 years old
• You should live or work in the London Borough of Hillingdon
• Outside of London your annual household income must be less than £80,000
Sale Price and Equity
Full market value £375,000
55% equity for sale £206,500
Monthly net rent: £426.13
Monthly service charge: £208.66
Council Tax rates payable £1,658.87 pa
• In London, your annual household income must be less than £90,000
• You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market.
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home.
• You must be earning a household income of at least £66,480 per annum, with a minimum deposit of £20,625
