1 bedroom apartment for sale
Flowerdown Court, 2 Flowers Avenue, Ruislip, HA4 8GF
Share percentage 30%, full price £305,000, £9,150 Min Deposit.
Share percentage 30%, full price £305,000
Monthly Cost: £1,164
Rent £506, Service charge £204, Mortgage £454*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A one-bedroom flat which occupies a favourable position within the development - second floor with a rear (south/south-east) facing balcony overlooking the communal garden. The smartly-presented property features a nineteen-foot reception room with open-plan kitchen area featuring sleek, white units and integrated appliances. There is a good-sized bedroom, a pair of hallway storage/utility cupboards and a bathroom with stylish pencil-mosaic tiles. Well insulated walls, modern double glazing and gas central heating make for a very good energy-efficiency rating. Nearby are public gardens such as Warrender Park and Eastcote House Grounds and, only a little further afield are Ruislip Common, Lido and Nature reserve. The property comes with use of a parking space and access to the communal cycle store plus Eastcote Station and Ruislip Manor Station (both on the Metropolitan and Piccadilly Lines) are within comfortable walking distance or a brief bus or bike ride.
SHARED OWNERSHIP (Advertised price represents 30% share. Full market value £305,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/ye2aw5c2]
(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 01/01/2008).
Minimum Share: 30% (£91,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £505.87 per month (subject to annual review).
Service Charge: £204.39 per month (subject to annual review).
Guideline Minimum Income: Dual - £37,000 | Single - £43,300 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Hillingdon. 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).
Key Features
- Guideline Minimum Deposit £9,150
- Guide Min Income Dual £37k | Single £43.3k
- Second Floor (building has a lift)
- Approx. 498 Sqft Gross Internal Area
- Very Good Energy Efficiency Rating
- South/South-East-Facing Balcony
- Parking Space
- Communal Garden and Cycle Store
Particulars
Tenure: Leasehold
Council Tax Band: C
Property Downloads
Floor Plan BrochureThe ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- 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.
Share percentage 30%, full price £305,000, £9,150 Min Deposit. Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
