2 bedroom apartment for sale

Available

Trico House, Ealing Road, Brentford, TW8 0AU

£225,000 Shared Ownership Resale

Share percentage 50%, full price £450,000, £22,500 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£225,000 Shared Ownership Resale

Share percentage 50%, full price £450,000

Monthly Cost: £2,176

Rent £583, Service charge £477, Mortgage £1,116*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Summary

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

Description

A spacious, two-bedroom apartment on the sixth floor of this modern development. The property features a twenty five foot by nineteen foot reception room with an open-plan kitchen area. A glazed door leads out onto an east-facing balcony that overlooks the communal garden. Both bedrooms are generously-sized doubles, there is a sleek bathroom and a pair of fitted storage/utility cupboards have been provided in the entrance hallway. Well insulated walls, modern double glazing and a communal heating/hot water system make for a very good energy-efficiency rating. The apartment comes with use of an allocated space in the gated, underground car park plus Brentford Station, for rail services between Weybridge and London Waterloo, is only a short walk away. The Development (Great West Quarter) has a Sainsbury's Local and a popular coffee shop. There is also a nursery on site and the local schools are all Ofsted-rated either 'Good' or 'Outstanding'. Syon Park, Gunnersbury Park, the River Thames and Kew Gardens are within easy reach.

SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £450,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/5axxrkza]

(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 (156 years less 5 days from 30/06/2009).
Minimum Share: 50% (£225,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £582.65 per month (subject to annual review).
Service Charge: £476.60 per month (subject to annual review).
Guideline Minimum Income: Dual - £81,800 (minimum share and 10% deposit) | Single - £87,900 (minimum share, 20% deposit).
Council Tax: Band D, London Borough of Hounslow. 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 £81.8k 10% deposit £22.5k
  • Guide Single Income £87.9k 20% deposit £45k
  • Sixth Floor (building has a lift)
  • Approx. 841 Sqft Gross Internal Area
  • Open Plan Kitchen/Reception Room
  • Balcony Overlooking Communal Garden
  • Very Good Energy Efficiency Rating
  • Secure Underground Parking Space
  • Short Walk from Brentford Railway Station
Particulars

Tenure: Leasehold
Council Tax Band: D

Property Downloads
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.

£225,000
Shared Ownership Resale
Estimated Monthly Cost:£2,176
Rent £583
Service £477
Mortgage £1,116

Share percentage 50%, full price £450,000, £22,500 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.