Cedar House, Melliss Avenue, Richmond, London - 40% share (£200,000)

Full price: £500,000 The full value of the property

Share value: 40% - £200,000

Estimated monthly cost*: £1,843

Estimated Monthly Mortgage*: £1,002

SO Resi Monthly Payment: £695.31 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £146.33 Residents of a development pay this for maintenance of communal/external areas

* Costs shown are approximate and based on a mortgage APR of 3.99% over 25 years. Minimum 5% deposit shown. An independent financial adviser will help guide you through the process.

** Monthly service charges are an estimate but include (where applicable); buildings insurance, ground rent, management and audit fees, cleaning, lighting, landscaping and general maintenance of communal areas.


Years on lease: 86

Eligibility: Live or Work in Local Authority

A modern two bedroom flat in good condition available through shared ownership. The accommodation comprises of entrance hall, bathroom with WC, kitchen, reception room and two bedrooms. Outside there are well kept communal grounds and areas, as well as communal bin and bike stores and an allocated underground parking space.

Location

Located within a modern residential development of mixed properties, close to Kew. Good access onto the A316 and M4 motorway.

Description

  • Key Features
  •  First floor flat
    • Two bedrooms
    • Good condition
    • Allocated underground parking
    • Electric central heating and double glazing
    • Close to Kew
    • Available on 30% shared ownership basis
    • The property has central heating via electric boiler and double glazing.
  • A 2 bedroom flat available through our Shared Ownership Scheme
    Available for £150,000 for 30% share based on the marketing figure of £500,000
    Monthly So Resi payment -  £811.20
    Monthly Service Charge - £146.33
    Total Monthly Charge - £957.53 PLUS MORTGAGE REQUIRED FOR 30% SHARE

    Property details:

    Entrance hall
    Storage cupboard
    Airing cupboard

    Bathroom with WC
    Three piece white suite
    Shower over bath

    Kitchen
    3.70m x 2.03m
    Good range of units
    Appliances include cooker and gas hob
    Space for fridge/freezer, washing machine and slim line dishwasher

    Living room
    3.69m x 4.56m

    Bedroom 1
    3.85m x 3.43m
    Fitted wardrobe

    Bedroom 2
    3.43m x 3.43m
    Fitted wardrobe

    Outside
    Communal grounds and areas
    Communal bin and bike stores
    Allocated underground parking space

    EPC Rating:
    Energy efficiency rating - C
    Environmental Impact Band - C

    All room dimensions approximate.
    Please note figures given for rent and service charge are correct at time of marketing. There is an annual increase that takes place. Please refer to Resale Team for up to date information.

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