- 1 Bedroom
- 25% share available
- Call 0203 815 1234 to book your appointment.
First Floor one bedroom home in the London borough of Ealing for £67,500 (25% share of £270,000 full market price) available through Shared Ownership.
75% Staircasing Restriction (at 75% ownership there is no rent payable). Buyers will be able to purchase a share from 25% - 75% depending on their affordability.
*Monthly Mortgage (if required): £358.84
Monthly Rent: £275.83
NHHO Service Charge: £167.52
Estimated Total (per month): £802.19 excluding council tax (if mortgage is required)
*The estimated monthly mortgage is based on an interest rate of 4.99% with a capital and interest repayment over 25 years, on a 90% mortgage. The rent may increase each year, the increase calculation will be specified in the lease
£67,500 (25% share price of £270,000)
- Communal garden to rear
Entrance door with stairs leading to first floor
Entrance hallway, reception room, kitchen, bedroom and bathroom/WC
Right to use parking onsite
40sqm / 430 sq ft.
F – General Access
Length of lease
99 years *on completion of sale
Applicants are able to buy the share outright and will need available funds of £67,500 to do so.
If a mortgage is required you will need to be earning a guidance income of £28,908. You will need access to savings of at least £4,000 to cover the cost of buying the home A minimum 10% deposit approx. £6,750. Total approximate savings required £10,750
Important 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 55 years and over.
Ealing will prioritise applicants based on the following:
1. Social Tenants (Council & Housing Association tenants)
2. Serving MOD personnel
3. Applicants who live and work in Ealing
4. Applicants who live or Work in Ealing
5. All other Applicants
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
Details correct as at 19/09/2018
|Number of Beds||1|
|Full market price||£270,000|
|Ownership||25% share available|
|Guidance household income||£28,908|
Location and local area
Ealing Broadway (0.35 km)