2 bedroom apartment for sale

Available

Brunswick House, 62 Neasden Lane, London, NW10 2EZ

£142,500 Shared Ownership Resale

Share percentage 30%, full price £475,000, £14,250 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£142,500 Shared Ownership Resale

Share percentage 30%, full price £475,000

Monthly Cost: £1,788

Rent £941, Service charge £140, Mortgage £707*

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

This spacious, ground-floor property has a twenty-foot reception room with open-plan kitchen area featuring integrated appliances. A sliding door leads from the living area out to a private section of terrace. There is a large main bedroom with en-suite shower room plus a good-sized second double bedroom and a bathroom with combined overhead/hand-held shower. A pair built-in storage/utility cupboards have been provided in the entrance hallway and well insulated walls and floor, high performance glazing and a communal heating/hot water system all contribute towards a very good energy-efficiency rating. Brunswick House is just minutes from Neasden Station (Jubilee Line) and only a short walk from Gladstone Park which offers tennis courts, tree-lined avenues, a walled garden and hill-top views across London.

SHARED OWNERSHIP (Advertised price represents 30% share. Full market value £475,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/4f3p84ex]

(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 (250 years from 01/04/2022).
Minimum Share: 30% (£142,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £941.33 per month (subject to annual review).
Service Charge: £140.47 per month (subject to annual review).
Guideline Minimum Income: Dual - £62,000 | Single - £71,500 (based on minimum share and 10% 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 may be permitted but only with prior consent from Clarion (which, unfortunately, can only be obtained once you are the property owner). There is no parking space offered with this property.

Key Features
  • Guideline Minimum Deposit £14,250
  • Guide Min Income Dual £62k | Single £71.5k
  • Ground Floor
  • Approx. 841 Sqft Gross Internal Area
  • Bathroom plus En-Suite Shower Room
  • Very Good Energy Efficiency Rating
  • Private Patio
  • Minutes from Neasden Station (Jubilee 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.

£142,500
Shared Ownership Resale
Estimated Monthly Cost:£1,788
Rent £941
Service £140
Mortgage £707

Share percentage 30%, full price £475,000, £14,250 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.