- 1 Bedroom
- 60% share available
- Call 0203 815 1234 to book your appointment.
First floor, 1 bedroom flat in the London borough of Kensington & Chelsea for £309,000 60% share of £515,000 full market price, available through Shared Ownership.
Monthly Mortgage**: £1,562.90
Notting Hill Monthly Rent: £178.05
Notting Hill Administration Fee: £13.50
Ground Rent*: £8.33
Council Tax: £94.92
Estimated Total (per month): £1,793.43 excluding council tax
*Building Insurance and Ground Rent payable to Notting Hill (Management Company: JMW Barnard Property Management).
**Estimate: 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.
£309,000 (60% share price of £515,000)
- Newly decorated throughout
Entry phone system to communal hallway and stairwell.
First floor flat
Bedroom, reception room / kitchen, hallway, bathroom with WC.
Shared use of informal roof terrace.
38 sq. m. (as per RICS valuation)
Length of lease
Kensington & Chelsea
You will need to be earning a guidance income of £64,928. You will need access to savings of at least £4000 to cover the cost of buying the home. A minimum 10% deposit approx. £30,900. Total approximate savings required £34,900.
Kensington & Chelsea
This property will only be offered to applicants with a connection to Royal Borough of Kensington and Chelsea borough for a minimum of eight 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.
Details correct as at 05/11/2018
|Number of Beds||1|
|Full market price||£515,000|
|Ownership||60% share available|
|Guidance household income||£64,928|
Location and local area
Ladbroke Grove (0.55 km)
Westbourne Park (0.95 km)