1 bed flat for sale

Plot F1705 - 1 Bed Apt, The Acer Apartments, White City W12

Get a new home in the heart of White City

Highlight, working with Legal & General's Affordable Housing Division (L&G), is pleased to present this Shared Ownership 1 bedroom apartment in White City.

This apartment provides a unique opportunity to get on the property ladder in one of London's most sought after locations at an affordable price. The price shown represents purchasing a 75% share of the apartment's full market value.

Located on the 17th floor and ready to move into, it features full height windows in the living area and spacious bedroom, a private balcony providing beautiful city views and plenty of natural light throughout the home, and a contemporary designed kitchen equipped with fully integrated appliances.

You'll have over 300 shops and restaurants on your doorstep at Westfield London and excellent access to Paddington, Bond Street and Oxford Circus in under 15 minutes from two nearby tube stations. When you want to unwind, the idyllic Hammersmith Park is just a short walk away.

The Acer Apartments are situated in eight acres of beautifully landscaped gardens and include 24-hour estate management, security and a dedicated concierge, plus a communal roof terrace on the 15th floor.

Financial breakdown based on purchasing a 75% share of plot F1705, The Acer Apartments, White City.

• Full market value: £660,000
• 75% share value: £495,000
• 5% deposit of 75% share value: £24,750
• Rent on remaining 50% share: £220pm
• Service charges: £376pm

These figures are a guideline and may vary according to individual incomes and circumstances. Please speak to one of our sales consultants for a detailed breakdown.

About Shared Ownership

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.

Eligibility Criteria

To be eligible for a home at The Acer Apartments, you'll need to:

• Have a combined household income under £90,000
• Not own a property, or part of a property, at the time of completing on your purchase
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Have a minimum of £5,000 to cover the costs of buying a home

Shared Ownership eligibility criteria applies. Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help. Interior images are digitally dressed representations of this apartment and are indicative only.

Read full description