- 1 Bedroom
- 70% 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 £225,000 including £2,000 worth of Leaseholder Improvements. 70% share available, share price £158,100 – includes £2,000 worth of leaseholder Improvements. 70% Staircasing Restriction
Monthly Mortgage**: £837.29 (cash buyers also accepted)
Monthly Rent: £0
Service Charge: £170.46
Council Tax: £100.83
Estimated Total (per month): £1,007.75
*Service Charge payable to Notting Hill Housing
**The estimated monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years, which is based on a 90% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
£158,100 (70% share price of £225,000 incl. £2,000 improvements)
- Applicants must be over 60 years of age
- Retirement community
- Communal Parking
Intercom, Entrance Hall, Stairwell and Stair Lift
Ground Floor Flat
Entrance Hall, Living Room with door to communal gardens and opening to: Kitchen, Bedroom and Bathroom with shower cubicle wash hand basin and close coupled WC suite
Communal Gardens and parking provided together with communal living room, laundry and guest bedroom facilities
47.6 square metres (512 sq. ft) as per RICS valuation
D – Easy Access
Length of lease
You will need to be earning a guidance income of at least £36,315. You will need access to savings of at least £4,000 to cover the cost of buying the home, and £2,000 to cover of the improvement value. A minimum 10% deposit approx. £15,810. Total approximate savings required £21,810
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 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 09/04/2018
|Number of Beds||1|
|Full market price||£225,000|
|Ownership||70% share available|
|Guidance household income||£36,315|
this development is provided by Notting Hill Sales
Notting Hill Sales is the trading name of Notting Hill Home Ownership and related companies.
Location and local area
Ealing Broadway (1.5km)