Shared ownership at Cherry Blossom Court, Hounslow, W4 2DG

Cherry Blossom Court

Cherry Blossom Court, Chiswick, W4 2DG

For sale
Shared ownership
Live from space album cover

Overview

Key Features First floor flatOne bedroomGood conditionAllocated parkingBike Storage Concierge facilitiesBalconyAvailable on 30% shared ownership basis Full Description A one bedroom first floor flat located in Chiswick available through our Shared Ownership Scheme. Spacious one bedroom first floor apartment. The property comprises of spacious open plan living space with dining area, kitchen and lounge area with balcony. One bedroom with fitted mirrored wardrobes and modern bathroom with bath/shower and heated towel rail. Property also benefits from Underground secure parking space, access to communal gardens. On site concierge service 7 ...

Features

Off street parking

Bedrooms2
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

Register interest

from £174,000

with min. deposit £8,700

30% Share from
£174,000
Full market price
£580,000
Minimum deposit
£8,700
Monthly rent
TBD
Monthly service charge
£244
Annual ground rent
TBD
Reservation free
TBD
Administration free
TBD

SO Resi

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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