£230,750
2 bed flat for saleEbbett Court, Victoria Road W3
2 beds
1 bath
1 reception
EPC Rating: B
- Shared ownership
- Leasehold
Urban Moves
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About this property
Guideline Minimum Deposit £23,075
Guide Min Income Dual £64.2k | Single £74k
Sixth Floor (building has two lifts)
Approx. 675 Sqft Gross Internal Area
Open Plan Kitchen/Reception Room
Two Good-Sized Double Bedrooms
Secure Bicycle Storage
Highly Rated Schools in the Local Area
Minutes from North Acton Station
Central London/Westfield Within Easy Reach
Shared ownership (Advertised price represents 65% share. Full market value £355,000). A smartly-presented, sixth-floor apartment in this conveniently-located development. The east/south-east-facing property has a twenty-three-foot reception room with open-plan kitchen area. There is a spacious main bedroom plus a second bedroom which, though smaller, is still a comfortable double. The bathroom is simple yet stylish and a trio of built-in storage/utility cupboards have been provided in the entrance hallway. Well insulated walls and modern double glazing make for a good energy-efficiency rating. A Tesco Express occupies the ground-floor retail unit and a selection of others shops/cafes can be found nearby. North Acton Station (Central line) is opposite the block for fast, frequent services into central London. White City (for Westfield shopping centre) is only two stops and Bond Street can be reached in just 18 minutes (TfL). Alternatively, Acton Main Line Station, for the Elizabeth Line, is just a twelve-minute walk away (Google Maps estimate). Ofsted list eight primary schools that are rated either 'Good' or 'Outstanding' within a mile radius.
Interested parties are required to complete the shared ownership common application form []
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: A2Dominion.
Tenure: Leasehold (currently 99 years from 20/12/2006, being extended to 990 years).
Minimum Share: 65% (£230,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £324.37 per month (subject to annual review).
Service Charge: £260.31 per month (subject to annual review).
Guideline Minimum Income: Dual - £64,200 | Single - £74,000 (based on minimum share and 10% deposit).
Council Tax: Band D, London Borough of Ealing. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. However the vendor of this property has informed us that the oven and bathroom cabinet are not offered as part of the sale. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Reception
23' 1" x 11' 3" max. (7.04m x 3.43m)
Kitchen
Included in reception measurement
Bedroom 1
12' 9" max. X 9' 0" (3.89m x 2.74m)
Bedroom 2
12' 4" x 7' 10" (3.76m x 2.39m)
Bathroom
7' 3" max. X 6' 2" max. (2.21m x 1.88m)
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More information
Tenure
Leasehold (971 years)
Service charge
£3,124
Council tax band
D
Ground rent
Ground rent date of next review
Shared ownership percentage owned
65%
Shared ownership rent
£324 per month