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Canaletto Court 26080223

Shared ownership

18 Neasden Lane, Neasden, NW10 2TS

For sale
Shared ownership
Photo of Canaletto Court 26080223
Live from space album cover

from

£99,000

with min. deposit

£9,900

30% Share from
£99,000
Full market price
£330,000
Minimum deposit
£9,900
Monthly rent
£638
Monthly service charge
£145.13

1 bedroom flat

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

   

Property description:

Newly built in 2018 the property comprises a communal entrance with entry system, lift access, open plan kitchen and reception, kitchen with integrated appliances, private winter garden balcony, one bedroom, bathroom with shower over bath and two hallway storage cupboards. 

 

The property also benefits from access to a communal garden and bicycle storage.

 

Lease: Commenced 2018 with 125-year term

Council Tax Band: Brent Council - C

Gross Internal Area: 538sq.ft.

 

FINANCIAL INFORMATION

Property Value = £330,000

Percen…

Features

Balcony

Lift access

Communal Garden

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area49
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years125

from

£99,000

with min. deposit

£9,900

30% Share from
£99,000
Full market price
£330,000
Minimum deposit
£9,900
Monthly rent
£638
Monthly service charge
£145.13
Hyde New Homes

Hyde New Homes

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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