3 x one bed (double bedroom) apartments available for shared ownership purchase, across three floors in a newly re-built town house in the heart of the Maida Hill district of Westminster.
Properties available to move in from May 2022, show flat available to view in April, date to be confirmed.
These are unfurnished properties, however they come with integrated wardrobes, White goods including Washer/dryer, Dishwasher, fridge/freezer and oven/hob. There is beautiful wooden flooring throughout and central heating which is controlled by the NEST thermostat system.
Transport:
Queens Park 0.4 miles
Westbourne Park 0.7 miles
Local Buses to Central London: 18, 36, 6
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Name of Housing Provider: |
Westminster Community Homes (WCH) |
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Type of tenure? |
Shared Ownership |
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If Shared ownership, is this opportunity a new build or resale? |
New Build |
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Name of development (if appropriate) |
2A Bravington Road |
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Full address of development (including postcode): |
2A Bravington Road, London, W9 3AH |
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Type of property i.e. apartment or house |
Apartment |
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Number of units available |
3 x one bedroom units |
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Eligibility criteria e.g. Is it key worker specific? |
Registered with Homeownership Westminster service Priority to those who live and work in Westminster Available to all WCH IMR/Horizon residents |
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Does the property have access for people with disabilities? |
No |
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Suggested minimum household income required to achieve affordability |
£35,000 Depending on level of deposit & subject to passing an affordability assessment |
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Maximum Household Income to allow eligibility |
£90,000 |
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Number of bedrooms |
1 bedroom |
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Number of years remaining on lease (if shared ownership) |
Brand new 125 year lease |
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Minimum % Share Available and any restrictions on staircasing (if applicable) |
25% |
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Value Range of properties (min to max) Full market value of property if resale |
£395,000 Full Value |
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Value of share offered |
£98,750 (25%) |
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Service Charge |
Estimated at £50 pcm. This covers communal electricity and cleaning of communal areas and windows. |
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Monthly Rent |
2% of the unsold equity. Utility bills are not included in rent |
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Date Available |
Viewing by appointment only. Date to be confirmed. |