3 bedroom apartment for sale

Available

Waterfront Heights, 152a Mount Pleasant, Wembley, HA0 1HF

£147,500 Shared Ownership Resale

Share percentage 25%, full price £590,000, £14,750 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£147,500 Shared Ownership Resale

Share percentage 25%, full price £590,000

Monthly Cost: £2,212

Rent £1,291, Service charge £189, Mortgage £732*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Summary

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

Description

A spacious and attractively-presented apartment on the first floor of this recently-built development. The property has a generously-sized, dual-aspect reception room with open-plan kitchen featuring sleek, grey units and integrated appliances. A glazed door leads out onto a balcony which overlooks both the neatly-maintained communal garden and the Grand Union Canal. The main bedroom includes a fitted wardrobe and has an en-suite shower room. There are two further double bedrooms, a stylish bathroom and a large storage/utility cupboard in the entrance hallway. Well insulated walls and high performance glazing have resulted in a good energy-efficiency rating. The property comes with use of an allocated space in the gated, underground car park and there are secure cycle-storage facilities. Alperton Station, for the Piccadilly Line, is close by and Wembley Central (Bakerloo, London Overground, Southern and London Northwestern Rail) is also within walking distance. Ofsted list nine primary schools and two secondary schools within a mile radius, all rated either 'Good' or 'Outstanding'.

SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £590,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/443yza4a]

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: Clarion.
Tenure: Leasehold (125 years from 29/09/2020).
Minimum Share: 25% (£147,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £1291.18 per month (subject to annual review).
Service Charge: £189.37 per month (subject to annual review).
Ground Rent: £200.00 for the year.
Guideline Minimum Income: Dual - £80,600 (based on minimum share and 10% deposit) | Single - £88,900 (minimum share, 20% deposit).
Council Tax: Band D, London Borough of Brent. 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
  • Guide Dual Income £80.6k 10% deposit £14.8k
  • Guide Single Income £88.9k 20% deposit £29.5k
  • Three Bedroom Apartment
  • First Floor (building has a lift)
  • Approx. 1030 Sqft Gross Internal Area
  • Dual Aspect Kitchen/Reception Room
  • Bathroom plus En-Suite Shower Room
  • Balcony Overlooking Garden and Canal
  • Secure Underground Parking Space
  • Short Walk to Alperton Station (Piccadilly Line)
Particulars

Tenure: Leasehold
Council Tax Band: D

Property Downloads
Key Information Document Floor Plan Brochure
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.

£147,500
Shared Ownership Resale
Estimated Monthly Cost:£2,212
Rent £1,291
Service £189
Mortgage £732

Share percentage 25%, full price £590,000, £14,750 Min Deposit. Calculated using a representative rate of 4.42%

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.