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Denton Court - GEN1

Shared ownership

Denton Court, 2 Swan Road, West Drayton, Mablethorpe, UB7 7JG

For sale
Shared ownership
Photo of Denton Court - GEN1
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from

£208,000

with min. deposit

£20,800

65% Share from
£208,000
Full market price
£320,000
Minimum deposit
£20,800
Monthly rent
£273
Monthly service charge
£102.63

2 bedroom flat

Ground floor two bedroom home in the London borough of Hillingdon for £208,000 at 65% share price of £320,000 available through Shared Ownership.

 

SPECIFICATION

Ground Floor

Bedroom 1 with en suite

Bedroom 2

Living room/Kitchen (Open plan)

Three-piece family bathroom

Entrance Hallway

Storage cupboards

External

Gated parking area with to the rear of the block with allocated parking space and small outside space

GIA

60 sqm

Accessibility rating

F

EPC rating

C

Length of lease

112 years remaining

Borough

Hillingdon

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ELIGIBILITY

You will need to be earning …

Features

Off street parking

Bedrooms2
Bathrooms2
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£208,000

with min. deposit

£20,800

65% Share from
£208,000
Full market price
£320,000
Minimum deposit
£20,800
Monthly rent
£273
Monthly service charge
£102.63
Notting Hill Genesis

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.

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