- 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 26/07/2018
|Number of Beds||1|
|Full market price||£515,000|
|Ownership||60% share available|
|Guidance household income||£64,928|
this development is provided by Genesis
Genesis Housing Association Ltd has now amalgamated with Notting Hill Housing Trust to become Notting Hill Genesis.
Location and local area
Ladbroke Grove (0.55km)
Westbourne Park (0.95km)