2 bedroom apartment for sale

Available

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

£102,500 Shared Ownership Resale

Share percentage 25%, full price £410,000, £10,250 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£102,500 Shared Ownership Resale

Share percentage 25%, full price £410,000

Monthly Cost: £1,677

Rent £934, Service charge £197, Mortgage £546*

Calculated using a representative rate of 5.13%

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 smartly-presented apartment is on the fourth floor of a recently-constructed development and has a twenty-two-foot reception room with open-plan kitchen featuring sleek units and integrated appliances. A door leads from the living area out onto a large balcony, the elevation providing a view over the top of the neighbouring, low-level housing. There is a main bedroom, with fitted wardrobe, plus a slightly smaller second double bedroom, a stylish bathroom and a hallway storage/utility cupboard. Demanding insulation standards and high performance glazing make for a good energy-efficiency rating. Waterfront Heights takes its name from the Paddington Branch of the Grand Union Canal that it borders. The development has a central communal garden which overlooks the canal. Alperton Station, for the Piccadilly Line, is close by. Stonebridge Park (Bakerloo Line, London Overground) and Hanger Lane (Central Line) are also within walking distance or a brief cycle ride and Wembley Central offers additional mainline services. The property comes with use of an allocated space in the underground car park.

SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £410,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/4c8rdxhy]

(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% (£102,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £933.86 per month (subject to annual review).
Service Charge: £196.64 per month (subject to annual review).
Guideline Minimum Income: Dual - £55,200 | Single - £63,400 (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 can only be obtained once you are the property owner).

Key Features
  • Guideline Minimum Deposit £10,250
  • Guide Min Income Dual £55.2k | Single £63.4k
  • Fourth Floor (building has a lift)
  • Approx. 681 Sqft Gross Internal Area
  • Open Plan Kitchen/Reception Room
  • Large Balcony
  • Two Good-Sized Double Bedrooms
  • Stylish Bathroom
  • 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.

£102,500
Shared Ownership Resale
Estimated Monthly Cost:£1,677
Rent £934
Service £197
Mortgage £546

Share percentage 25%, full price £410,000, £10,250 Min Deposit. Calculated using a representative rate of 5.13%

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.