Studio for sale

Plot F1502 - Studio 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 studio 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, and is available to buy from a minimum deposit from just £5,250 and £105,000 for a 25% share of the full market value.

Located on the 15th floor and ready to move into, this home features a private balcony, full height windows providing plenty of natural light throughout and a contemporary designed kitchen 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.

Contact us today to book a viewing.

Financial breakdown based on purchasing a 25% share of plot F1502 at The Acer Apartments

• Full market value: £420,000
• 25% share value: £105,000
• 5% deposit of 25% share value: £5,250
• Rent on remaining 75% share: £578pm
• Services charge: £258pm
• Estimated monthly costs: £1,410 per month*

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 from the studio show apartment and are indicative only. *Monthly cost based on purchasing a 25% share of this apartment with a 5% deposit and a 25 year mortgage with a 4.75% interest rate. Includes rent on remaining 75% share and service charge.

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