1 bedroom apartment for sale
Padbury Close, Bedfont, Feltham, TW14 8SW
Share percentage 25%, full price £210,000, £5,250 Min Deposit.
Share percentage 25%, full price £210,000
Monthly Cost: £817
Rent £433, Service charge £124, Mortgage £260*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a One-Bedroom, Garden-Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A well-presented, one-bedroom, ground floor flat/maisonette in a development of similar properties. A private entrance opens into a twenty-one-foot reception/dining room with storage/utility cupboard and attractive flooring. The kitchen gets good natural light thanks to a south/south-west-facing window and the bathroom is also naturally-lit. The bedroom includes a built-in wardrobe and features patio doors that lead out to the rear garden. Feltham Railway Station is a short bike ride away for services between Windsor/Weybridge/Reading and London Waterloo plus the London Underground station at Heathrow Terminal 4, which provides access to the Piccadilly and Elizabeth Lines, is also within easy reach. Nearby Bedfont Lakes Country Park offers many acres of beautiful outside space to explore. The lease is being extended so will have approximately 162 years remaining.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £210,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/2krh9wx3]
(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 (currently 99 years from 01/06/1990, 99-year extension in progress).
Minimum Share: 25% (£52,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £432.72 per month (subject to annual review).
Service Charge: £123.55 per month (subject to annual review).
Guideline Minimum Income: Dual - £24,700 | Single - £27,500 (based on minimum share and 10% deposit).
Council Tax: Band C, 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). There is no parking space offered with this property however we understand on-street parking is available.
Key Features
- Guideline Minimum Deposit £5,250
- Guide Min Income Dual £24.7k | Single £27.5k
- Ground Floor with Private Entrance
- Approx. 455 Sqft Gross Internal Area
- Naturally-Lit Kitchen and Bathroom
- Built-In Bedroom Wardrobe
- Private Rear Garden
- Short Bike Ride from Feltham Station
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 25%, full price £210,000, £5,250 Min Deposit. Calculated using a representative rate of 4.42%
Calculate estimated monthly costs