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Adelaide Grove

Shared ownership

Adelaide Grove, Shepherds Bush, W12 0JJ

For sale
Shared ownership
Photo of Adelaide Grove
Live from space album cover

from

£93,750

with min. deposit

£4,688

25% Share from
£93,750
Full market price
£375,000
Minimum deposit
£4,688
Monthly rent
£520
Monthly service charge
£101
Annual ground rent
£520
Reservation free
£500
Administration free
£0

1 bedroom flat

Adelaide Grove is a residential road just to the north of the Uxbridge Road {A4020) where there are a range of shops, cafes, restaurants, and bus services available. Shepherds Bush Green and the Westfield Shopping Centre are within 1 mile. There are London Underground stations within 0.75 miles. 

  • Period property: Victorian building has an attractive facade and appeared to be generally well maintained
  • Existing lease of 75.84 years unexpired
  • The main building roof is pitched with an artificial slate covering
  • UPVC double-glazed windows
  • Internally, the subject flat has plasterboard ceilings and plasterboard lined partition walls
  • The floors are of …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area43
Number of floors1
Entrance floor1st floor
Tenureleasehold
Lease years75

from

£93,750

with min. deposit

£4,688

25% Share from
£93,750
Full market price
£375,000
Minimum deposit
£4,688
Monthly rent
£520
Monthly service charge
£101
Annual ground rent
£520
Reservation free
£500
Administration free
£0
BeWest

BeWest

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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