Available through our resale shared ownership scheme, a third floor, one-bedroom apartment in London.

  

Property description:

This top-floor, corner apartment comprises a communal entrance with entry system, lift access, open plan kitchen and reception, kitchen with integrated appliances, private balcony, one bedroom, bathroom with shower over bath and a large hallway storage cupboard. 

The property also benefits from access to a communal garden and off-street parking.

Lease: Commenced 2019 with 999-year term

Council Tax Band: Brent Council – B

Gross Internal Area: 584sq.ft.

LOCAL AREA INFORMATION

• The apartments are built around residential courtyards with a central green space. Located less than a mile from Harlesden tube station (Bakerloo line and Overground) and a short walk from Harlesden High Street.

• Harlesden is known as one of the most diverse areas in London, with its long-established Irish and Caribbean communities and newer arrivals from Brazil, Portugal, Somalia, Ghana, Nigeria, India and the Philippines. You can delve into international supermarkets, open 24-hours, sample specialty foods from all over the world, and snap up household bargains from an array of independent shops.

• Nearby is the independent Lexi Cinema which is run by volunteers with all proceeds going to charity, and the highly esteemed Tricycle Theatre. The theatre plays host to top notch drama and comedy.

FINANCIAL INFORMATION

Property Value = £340,000

Percentage Share = 25%

Share Price = £85,000

Monthly Ground Rent = £12.50

*Monthly Rent = £712.21 (£779.17 from 1st April)

*Monthly Service Charge = £117.88 (£146.04 from 1st April)

**Monthly Mortgage Payment = £493

***Annual Household Income = £47,000

*Please note the rent and service charge is reviewed annually 01 April.

** Based on a 90%, 25-year repayment mortgage with an interest rate at 6.0%.

***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200). 

Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.

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