£136,000
Studio for saleBecklow Road, London W12
1 bath
1 reception
EPC Rating: C
- Shared ownership
- Leasehold
Barnard Marcus - West Kensington
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About this property
Shared Ownership
40% Share
Ground Floor
Private Parking
Private Garden
Summary
Shared Ownership could be for you if: You are over the age of 18 -Your household income is less than £90,000 - It will be the only property you own.
" Full market value: £340,000
" 40% share value: £136,000
" Rent on unowned share (60%): £702.90 per month
" Estimated monthly costs: £855.90 per
description
Being sold with a 40% share, this Shared Ownership ground floor studio apartment provides a unique opportunity to get on the property ladder in one of London's most prominent locations, at an affordable price. Located just under a mile from Westfield London, Europe's biggest shopping centre- it is also in close proximity to several underground train stations.
Located just off Askew Road, it is ideally located for its array of shops, bars and restaurants. The award-winning Ginger Pig butchers, The Eagle with its excellent pub garden and Cafe Louche are local favourites. Ravenscourt Park (District line) as well as Goldhawk Road (Hammersmith & City line & Circle line) and Shepherds Bush (Central line) are all nearby offering excellent connections into town.
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to get on the property ladder at in a more affordable way.
With Shared Ownership you can purchase a share of a property's full market value, while paying a reduced market rent on the remaining share. Later on, you'll have the option to purchase more shares in your new home and, if you choose to, own the property outright.
As the deposit and mortgage amounts are based on the share value, the costs are generally much less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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Tenure
Leasehold (154 years)
Service charge
£1,836 per year
Council tax band
B
Ground rent
£0
Ground rent date of next review
Shared ownership percentage owned
40%