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duke( NHG19)

Shared ownership

Station Road, Harrow, HA2 6DD

For sale
Shared ownership
Photo of duke( NHG19)
Live from space album cover

from

£98,750

with min. deposit

£9,875

25% Share from
£98,750
Full market price
£395,000
Minimum deposit
£9,875
Monthly rent
£582
Monthly service charge
£135.89

2 bedroom flat

Fourth floor, 2 bedroom home in the London borough of Harrow

Key Features

Secure Video Door Entry
Underground parking
Communal Garden and Roof Terrace
St Georges & St Anns Shopping Centre

SPECIFICATION

Floor

Fourth

GIA

75 sqm

EPC ratingB

Length of lease
113 Years Remaining

Parking
1 Allocated Space

Pets allowed
No

Number of bathrooms2

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AFFORDABILITY

Full Market Price: £395000

Share Percentage: 25%

Equity Price: £98750
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Monthly Fees

Monthly Rent: £582.31

Service Charge: £1…

Features

Off street parking

Bedrooms2
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£98,750

with min. deposit

£9,875

25% Share from
£98,750
Full market price
£395,000
Minimum deposit
£9,875
Monthly rent
£582
Monthly service charge
£135.89
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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