Shared Ownership Properties in Twickenham, Greater London 1 bedroom Apartment

  • £265,000

    Equity share: 50% / £132,500

Vanquish Close
For Sale Shared Ownership

Shared Ownership Properties in Twickenham, Greater London 1 bedroom Apartment

Vanquish Close
  • £265,000

    Equity share: 50% / £132,500

Property Overview

  • Apartment
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom

Property Description

We are pleased to bring to the market this 1 bedroom Apartment Shared Ownership Properties. It is situated in Twickenham, Greater London and is available now

This Apartment is available to buy for as little as £132,500 for a 50% share. Offered to the market is this well presented one bedroom, second floor apartment located on the eastern side of Hospital Bridge Road. The accommodation comprises of an entrance hall with ample storage space, good size double bedroom, bathroom and a large open plan kitchen/living room. This property further benefits from a Juliet balcony in the bedroom, allocated residents parking, access to communal grounds and lockable bike shed. This apartment is convenient for local shops, Whitton and Hounslow centre, and all local amenities. PRICING AND AFFORDABILITY Full market value: £265,000 Rent (50% share): £380 pcm Service charge: £75 pcm Lease: Approx. 110 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 £80,000
• 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 £265,000 and a purchaser would not need to meet the eligibility criteria listed above.

Property Address

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  • Address Vanquish Close
  • City Twickenham
  • County Greater London
  • Postal Code TW2 7AN

Details

Updated on March 18, 2024 at 4:15 pm
  • Property ID: MS-123149
  • Rental Amount Per Month: £407/Month
  • Bedroom: 1
  • Bathroom: 1
  • Property Type: Apartment
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 115.76
  • Value Of The Equity Share: 50% / £132,500
  • Overall Property Value: £265,000
  • Tenure: Leasehold
  • Length of Lease: 110

Contact SOWN about: Shared Ownership Properties in Twickenham, Greater London 1 bedroom Apartment

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