We are pleased to bring to the market this 2 bedroom Apartment Shared Ownership. It is situated in London, Greater London and is available now

This property is available to buy for as little as £373,750 for a 65% share.

No onward chain. Offered to the market stands this beautifully presented 2 bedroom, 2 bathroom apartment in the newly built (2019 build) Bradley Road.

This property benefits from a large entrance hall with ample storage, 2 double bedrooms with an en suite bathroom to the master, large open plan kitchen/living room and a family bathroom.

This apartment further benefits from good size private balcony, underground residents parking, communal grounds and bike storage.

PRICING AND AFFORDABILITY

Full market value: £575,000
65% Share Price: £373,750
Rent (65% share): £584.89 pcm
Service charge: £147.43 pcm
Lease: Approx. 126 years remaining

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change.

** This home can also be purchased outright (100% of the value) which is £575,000 and a purchaser would not need to meet the eligibility criteria listed above.