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1 bedroom apartment for sale

Available

Longthorpe Court, Invermead Close, London, W6 0QH

£250,000 Shared Ownership Resale

Share percentage 50%, full price £500,000, £37,500 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£250,000 Shared Ownership Resale

Share percentage 50%, full price £500,000

Monthly Cost: £2,043

Rent £693, Service charge £188, Mortgage £1,162*

Calculated using a representative rate of 4.34%

Calculate estimated monthly costs

£
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Summary

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

Description

This smartly-presented property is on the third (top) floor has a good-sized reception/dining room with semi-open-plan kitchen. The bedroom features a built-in wardrobe and a sliding door leads out onto the south-facing balcony. Well insulated walls and roof, modern double glazing and gas central heating make for a good energy-efficiency rating. Stamford Brook Station (District Line) is just a short walk away, the lake and green, open spaces of Ravenscourt Park are close by and there is a wide selection of shops and restaurants on nearby Chiswick High Road and King Street. The current owner informs us that permit parking is available, within Invermead Close, at an annual cost of around £60.

SHARED OWNERSHIP (Advertised price represents 50% share. Theoretical full market value £500,000 Please Note: Staircasing is limited to 90% for this flat).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/24jzdvh5]

(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 27/08/2004).
Minimum Share: 50% (£250,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £693.09 per month (subject to annual review).
Service Charge: £187.93 per month (subject to annual review).
Guideline Minimum Income: Dual - £77,200 | Single - £89,300 (based on minimum share and 15% deposit).
Council Tax: Band D, London Borough of Hammersmith & Fulham.

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).

Key Features
  • Guideline Minimum Deposit £37,500
  • Guide Min Income Dual £77.2k | Single £89.3k
  • Top Floor (third, building has a lift)
  • Approx. 511 Sqft Gross Internal Area
  • Shops/Restaurants Within Easy Reach
  • South-Facing Balcony
  • Minutes from Stamford Brook Station
  • Close to Ravenscourt Park
Particulars

Tenure: Leasehold
Council Tax Band: D

Property Downloads
Floor Plan Brochure
Stamford Brook (0.18 miles) Ravenscourt Park (0.34 miles) Turnham Green (0.51 miles)
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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.

£250,000
Shared Ownership Resale
Estimated Monthly Cost:£2,043
Rent £693
Service £188
Mortgage £1,162

Share percentage 50%, full price £500,000, £37,500 Min Deposit. Calculated using a representative rate of 4.34%

Calculate estimated monthly costs

£
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.