Loxwood Close, Feltham, City of London - 50% share (£172,500)

Available

Full price: £345,000 The full value of the property

Share value: 50% - £172,500

Estimated monthly cost*: £1,207

Estimated Monthly Mortgage*: £864

SO Resi Monthly Payment: £318.25 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £25.13 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: 69

A well presented semi-detached house in good condition. The ground floor accommodation comprises of entrance lobby, reception room and kitchen. On the first floor, there are two bedrooms and a bathroom with WC. Outside there is a private rear garden and an allocated parking space. The property also benefits from double glazing and gas fired central heating.

Location

A modern house located within a residential development of mixed properties. It is conveniently close to local facilities at Bedfont town centre, with more extensive shops and mainline station located at Feltham High Street. Good access to A30 trunk road.

Description

Key Features

  • Semi-detached house
  • Two bedrooms
  • Good condition having recently been refurbished
  • Allocated parking space
  • Double glazing and gas fired central heating
  • Close to facilities at Bedfont town centre
  • Available on 50% Shared Ownership basis

Full Description

Two bedroom semi-detached house available through our Shared Ownership Scheme

Available for £172,500 for 50% share based on a market value of £345,000

SO Resi Monthly Payment- £318.25
Monthly Service Charge - £25.13
Total Monthly Charge - £343.38 PLUS MORTGAGE REQUIRED FOR 50% SHARE

Minimum Income - £53,125

Buy more shares for a minimum of 10%

The remaining lease term is 69 years. The valuation is reflective of the lower term. You have the options of either extending the lease or buying more shares over time to 100% ownership at which time the freehold becomes yours. Metropolitan Thames Valley does not impose a minimum time that you must own the property before you can apply to extend the lease. You can even extend the lease at the same time you purchase the property. You should discuss these options with your solicitor. You should discuss the lease term with your financial advisor / mortgage broker.

Property Details

Entrance Lobby

Reception room
2.93 x 4.76

Kitchen
2.97 x 4.77
Good range of modern units
Gas hob
Cooker
Integrated fridge/freezer washing machine and slimline dishwasher.

First floor

Landing
Fitted cupboard

Bedroom one
2.99 x 4.78

Bathroom with WC

Three piece white suite

Shower over bath

Bedroom two
2.97 x 2.60

Outside
Private rear garden
Allocated parking space

EPC Rating
Energy Rating Band - D
Environmental Impact Band - D

All room dimensions approximate.

Please note figures given for SO Resi Monthly Payment 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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