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Alestan House

Shared ownership

Freston Rd, London, W10 6TT

For sale
Shared ownership
Photo of Alestan House
Live from space album cover

from

£127,500

with min. deposit

£12,750

25% Share from
£127,500
Full market price
£510,000
Minimum deposit
£12,750
Monthly rent
£876

1 bedroom flat

Once you have registered your interest, you will receive an email to book your viewing.

Alestan House is a one-bedroom property located on the second floor of a three storey block built around 2015. The lease remaining on the property is 118 years.

There are excellent transport links with Latimer Road station on your doorstep, served by Circle and Hammersmith & City Lines linking to Kings Cross St Pancras and Victoria Station within 25 minutes. Local buses serve the area including night buses linking to Central London.

Alestan House is located, a stone throw from the Westfield Shopping Centre, and walking distance to shops and restaurants in …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area54
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years118

from

£127,500

with min. deposit

£12,750

25% Share from
£127,500
Full market price
£510,000
Minimum deposit
£12,750
Monthly rent
£876
Peabody

Peabody

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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