- 2 Bedrooms
- 40% share available
- First come, first serve. Please call 0203 815 1234 or email firstname.lastname@example.org to obtain the vendors details.
2 bedroom Third Floor flat in the London borough of Westminster for £252,000 (40% share price of £630,000), available through Shared Ownership.
Monthly Mortgage: £1,339.66
Monthly Rent: £803.99
Service Charge*: £119.03
Council Tax*: £52.67
Estimated Total (per month): £2,262.68 excluding council tax
** Service Charge payable to Citywest Homes
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 40% mortgage. The rent may increase each year, the increase calculation will be specified in the lease
£252,000 (40% share price of £630,000)
- On street car parking
Intercom, Entrance Hall and Stairwell
Entrance Hall, Living Room, Kitchen, 2 Bedrooms and Bathroom
Communal Gardens and on street car parking
69.7 sq.m (751 sq.f)
F – General Needs
Length of lease
You will need to be earning a guidance income of £81,538. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £25,200. Total approximate savings required £29,200.
Important borough specific eligibility criteria
London wide applicants can apply for this property, priority will be given to applicants who have a connection to Westminster borough and are registered with Westminster Home Ownership.
Details correct as at 06/06/2018
|Number of Beds||2|
|Full market price||£630,000|
|Ownership||40% share available|
|Guidance household income||£81,538|
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
Marylebone (0.64 km)
Edgware Road (0.64 km)