- 1 Bedroom
- 50% share available
- Call 0203 815 1234 to book a viewing.
First floor, studio flat in the London Borough of Kensington & Chelsea, available to buy through Shared Ownership. Full market value £365,000, 50% share available, share price £182,500.
Monthly Mortgage**: £970.19
NHHO Monthly Rent: £161.50
Service Charge*: £106.19
NHHO Admin fee: £13.50
Council Tax: £89.83
Estimated Total (per month): £1251.38 excluding council tax.
*Service Charge payable to Notting Hill on behalf of the managing agent
**The estimated 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.
£182,500 (50% share price of £365,000)
Raised Ground Floor
Intercom, Entrance Hall, Stairwell
Entrance hall, living room/kitchen, shower room
25.9 sq. m as per RICS valuation
F – General Access
Length of lease
Kensington & Chelsea
You will need to be earning a guidance income of £47,297. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £18,250. Total approximate savings required £22,250.
Royal Borough of Kensington and Chelsea
London wide, priority to applicants connected to the London Borough of Kensington and Chelsea.
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 26/10/2018
|Number of Beds||1|
|Full market price||£365,000|
|Ownership||50% share available|
|Guidance household income||£47,297|
Location and local area
Ladbroke Grove Station (0.48 km)