1 bedroom apartment for sale

Available

Ebbett Court, Victoria Road, London, W3 6BX

£118,000 Shared Ownership Resale

Share percentage 40%, full price £295,000, £11,800 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£118,000 Shared Ownership Resale

Share percentage 40%, full price £295,000

Monthly Cost: £1,317

Rent £502, Service charge £219, Mortgage £596*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Summary

A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis

Description

This one-bedroom apartment is on the tenth floor of a modern development. The property has an approximately twenty-three-foot, open-plan kitchen/reception room and the elevation provides a far-reaching view. There is a spacious bedroom, a bathroom with mosaic-style tiles and three storage/utility cupboards in the entrance hallway. Well insulated walls and modern double glazing help keep energy costs down. There is a Tesco Express conveniently located on the ground floor and a selection of others shops/cafes in the immediate vicinity. North Acton Station (Central line) is opposite the block for fast, frequent services into central London. White City (for Westfield shopping centre) is only two stops and Bond Street can be reached in just 18 minutes (TfL). Acton Main Line Station, for the Elizabeth Line, is also just a twelve minute walk away (Google Maps).

SHARED OWNERSHIP (Advertised price represents 40% share. Full market value £295,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/mxn7bm9s]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: A2Dominion.
Tenure: Leasehold (125 years from 31/07/2007).
Minimum Share: 40% (£118,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £501.71 per month (subject to annual review).
Service Charge: £218.91 per month (subject to annual review).
Water Charge: £41.40 per month (subject to annual review).
Guideline Minimum Income: Dual - £43,500 | Single - £49,800 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Ealing. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.

Key Features
  • Guideline Minimum Deposit £11,800
  • Guide Min Income Dual £43.5k | Single £49.8k
  • Tenth Floor
  • Approx. 494 Sqft Gross internal Area
  • Far-Reaching Views
  • Minutes from North Acton Station
  • Central London/Westfield within Easy Reach
  • Open Plan Kitchen/Reception Room
Particulars

Tenure: Leasehold
Council Tax Band: C

Property Downloads
Floor Plan Brochure
North Acton (0.06 miles) Acton (0.51 miles) East Acton (0.70 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£118,000
Shared Ownership Resale
Estimated Monthly Cost:£1,317
Rent £502
Service £219
Mortgage £596

Share percentage 40%, full price £295,000, £11,800 Min Deposit. Calculated using a representative rate of 4.59%

Disclaimer
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.