Full price: £500,000 The full value of the property
Share value: 45% - £225,000
Estimated monthly cost*: £2,003
Estimated Monthly Mortgage*: £1,127
SO Resi Monthly Payment: £660.50 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £214.61 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.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 121
This contemporary property comprises a two bedroom, fourth floor level purpose built flat within a 15 storey block in Wembley. The accommodation comprises hallway, open plan living/kitchen area, two spacious bedrooms with one en suite and one separate bathroom. The property benefits from a well-kept communal space and on site gym.
A two bedroom fourth floor apartment located in Wembley available through the Shared Ownership Scheme.
Available for £225,000 for 45% share based on the marketing figure of £500,000.
SO Resi Monthly Payment - £660.50
Monthly Service Charge - £214.61
Total Monthly Charge - £ 875.11 PLUS MORTGAGE REQUIRED FOR % SHARE
London properties:Incomes required are based on the following assumptions: Deposit 5%, mortgage interest rate 2.99% & mortgage term 25 years. Income required will be reduced if you have a higher deposit available.
Buy more shares for a minimum of 10%
Energy Rating Band - B
Environmental Impact Band - A
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 contact us for more information.
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