Shared ownership at Caledonian Court - GEN10, Ealing, UB5 6FZ

Caledonian Court - GEN10

Caledonian Court, 23 Broadmead Road, London, UB5 6FZ

For sale
Shared ownership
Live from space album cover

Overview

Second floor, one bedroom home in the London borough of Ealing for 92,000 (40%) share price of £230,000 (full market price), available through Shared Ownership.     ------------------------------------------------------------------------------------------   SPECIFICATION   Ground floor Hallway and stairwell   Second Floor Entrance door to internal hallway  Storage and airing cupboards  Internal bathroom and combined w.c.  Double bedroom  Main reception/diner  Kitchen adjoining   External Underground car park with secured gates access to the road   Accessibility rating  F &...

Features

Off street parking

Bedrooms1
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

Register interest

from £92,000

with min. deposit £9,200

40% Share from
£92,000
Full market price
£230,000
Minimum deposit
£9,200
Monthly rent
TBD
Monthly service charge
£119.89
Annual ground rent
TBD
Reservation free
TBD
Administration free
TBD

Notting Hill Genesis

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.

Similar properties

George Court NH35
Shared ownership
89 Grange Road, Hayes
1
1
Minimum deposit£6,900
30% Share from£69,000
Full price£230,000
Kings Court
Shared ownership
Hersham Road, Walton on Thames
1
1
Minimum deposit£4,600
40% Share from£92,000
Full price£230,000
Whitehill Place
Shared ownership
Whitehill Place, Saffron Walden
1
1
Minimum deposit£3,450
30% Share from£69,000
Full price£230,000