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£80,000

(£146/sq. ft)

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1 bed flat for sale

The Restorey, Central Way, Park Royal NW10

  • New home

  • Shared ownership

  • Leasehold

    • 1 bed

    • 1 bath

    • 1 reception

    • 547 sq. ft

Available offer

  • Shared Ownership

    Buy part of this home using the Shared Ownership scheme. You'll then pay an "affordable rent" on the share you don't own.

Key information

  • Tenure

    Leasehold (990 years)

  • Service charge

    £218 per month

  • Council tax band

    A band has not been assigned yet

  • Ground rent

    Ask agent

  • Ground rent date of next review

    Ask agent

  • Shared ownership details

    Shared Ownership at The Restorey gives you the opportunity to buy a share of your new home, starting at 25%, or more depending on what you can afford. The rest is owned by SNG and you pay a subsidised rent on this portion in addition to your own mortgage. There will be a service charge payable to cover the cost of communal maintenance and this includes the buildings insurance.

  • Shared ownership percentage owned

    25%

  • Shared ownership rent

    £550 per month

Sovereign Network Group - The Restorey

Logo of Sovereign Network Group - The Restorey
See development info

About this property

  • Ideal for First Time Buyers

  • Shared Ownership

  • Communal garden

  • Balcony

  • Double glazing

  • Shared Ownership

  • Available from a 25% share

  • Deposits from £4,000

  • Designer kitchen units in shades indigo and white with soft close doors

  • Amtico luxury vinyl flooring in kitchen and living areas

  • Arctic white glass sliding door wardrobe in main bedroom

  • Ceramic tiles to walls, full height around bath and shower

A collection of 1 bedroom Shared Ownership apartments offering the best of open-plan living. Get in touch to arrange a viewing!

The indigo kitchen units provide plenty of space for all your essentials. Fully integrated appliances include an electric oven, hob, extractor fan, dishwasher and fridge/freezer. There's also a free-standing washer/dryer located in the utility cupboard.

The bedroom is spacious and bright, and features a built-in sliding door wardrobe, providing plenty of storage.

These properties also come with a stylish bathroom including a slip resistant flooring, full height tiling around shower/bath and half height tiling behind WC and basin, as well as a chrome heated towel rail. Each plot also benefits from a private balcony, terrace, garden and/or winter garden.

This car free development is set around landscaped gardens and benefits from excellent local amenities and restaurants, as well as plenty of cycle storage and fantastic bus routes to help keep you connected. Park Royal station is approximately 20 minutes walk away^ (even quicker by bike) and provides access to Kings Cross St Pancras. West Acton Station is a little further on and has services to Bond Street, Holborn, Tottenham Court Road, and London Liverpool Street. This is a car free development with no parking.

Pricing & affordability

  • Full Market Value: £325,000
  • 25% Share Price: £80,000
  • Rent: £550 pcm
  • Minimum 5% Mortgage Deposit (25% share): £4,000
  • Approximate Service Charges: £ 218.02 pcm*
  • Shared Ownership Lease: 990 years*
  • Council Tax Band: Tbc

    Features
    Kitchen
  • Amtico luxury vinyl flooring
  • Designer kitchen units in shades indigo and white with soft close doors and drawers
  • High quality laminate worktops in Marble Bianco colour and matching upstands
  • Zanussi Integrated electrical appliances to include:
  • Single fan oven/grill
  • Ceramic Hob
  • Cooker extractor with lights
  • Integrated dishwasher
  • Integrated fridge/freezer
  • Free standing washer/dryer (located in utility cupboard)
  • LED lighting located under wall units

    Pricing & affordability
  • Luxury vinyl flooring (Amtico)
  • Freeview and interactive satellite socket
  • Data points for wireless
  • Broadband connection (subject to subscription)

    Bedroom
  • Grey 80/20 wool-mix carpet
  • LED recessed down lights
  • Arctic white glass sliding door wardrobe in main bedroom
  • To main bedrooms only, Freeview and interactive satellite, and telephone point

    Bathroom
  • Large format slip resistant ceramic tiled floor
  • Ceramic tiles to walls, full height around bath and shower enclosures and half height behind WC and basin
  • LED Mirror Cabinet with Shaver
  • Heated chrome towel rail

    General
  • Sprinklers, smoke and heat detectors
  • Balcony, terrace, garden and or winter garden to all apartments
  • Heating and Hot water provided via Air Source Heat Pump (ashp)
  • Mechanical ventilation with heat recovery (mvhr) systems

    To be eligible for shared ownership you would need to meet the following criteria:
  • Your annual household income does not exceed £90,000
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide
  • This will be your only residence
  • You are a permanent UK resident or have indefinite right to remain. Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit
  • *Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year
  • ** Length of Lease speak to sales consultant for further clarification
  • ***These photos are for illustrative purposes only and may not represent a true likeness
  • ^Travel times are taken from and are approximate only

    Floorplans are not to scale and are indicative only. Location of windows, doors, bathroom fittings, kitchen units and appliances may differ. Dimensions given are approximate and should not be used to order carpets or furniture. External area sizes and locations may differ from those illustrated. Sovereign Network Group is charitable.

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    Property descriptions and related information displayed on this page are marketing materials provided by - Sovereign Network Group - The Restorey. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Sovereign Network Group - The Restorey for full details and further information.