- 1 Bedroom
- 25% share available
- Call 0203 815 1234 to book your appointment.
One bedroom, ground floor flat, in the London Borough of Ealing, available to buy through Shared Ownership. Full market value £250,000 including £10,000 worth of improvements. 25% share available, share price £62,500.
Monthly Mortgage**: £332.26
Monthly Rent: £215.37
NHHO Service Charge*: £182.09
Notting Hill Administration Fee: NA
Council Tax: £106.68
Estimated Total (per month): £729.72 excluding council tax
*Service Charge is payable to Notting Hill Housing.
** The monthly estimated mortgage is based on an interest rate of 4.5 % 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.
£62,500 (25% share price of £250,000 including improvements)
- Communal gardens
- Communal car parking
- Part-time property warden
Communal entrance, hallway and corridor approach to flat entrance
Living Room with direct access to communal garden, bedroom, bathroom with shower cubicle, wash and basin and close coupled WC
Communal garden and resident car parking (not allocated), warden’s office
53 sq.m. approx (570.48 ft) as per RICS valuation
D (easy access)
Length of lease
You will need to be earning a guidance income of £26,296. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £6,250. Total approximate savings required £10,250.
Important borough specific eligibility criteria
Priority will go to applicants with a connection to Ealing but all applicants can apply.
This property is restricted to persons aged 60 years and over.
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.
Details correct as at 19/09/2018
|Number of Beds||1|
|Full market price||£250,000|
|Ownership||25% share available|
|Guidance household income||£26,296|
Location and local area