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Evolution

Shared ownership

Merrick Road, Southall, UB2 4AU

For salenew home
Shared ownership
Photo of Evolution
Live from space album cover
  • from

    £67,500

    Studio

  • from

    £121,000

    1 bedroom

  • from

    £96,875

    2 bedroom

  • from

    £124,375

    3 bedroom

from

£65,000

with min. deposit

£3,250

Network Homes

£67,500

Studio

£121,000

1 bedroom flat

£96,875

2 bedroom flat

£124,375

3 bedroom flat

Availability

Sale under offer

Sale under offer

For sale

For sale

Minimum share

25%

40%

25%

25%

Full market price

£270,000

£302,500

£387,500

£497,500

Deposit from

£3,375

£6,050

£4,844

£6,219

Monthly rent

£464

£415

£666

£855

Monthly service charge

£109

£121

£165

£225

Bedrooms

-

1

2

3

Bathrooms

1

1

1

1

Reception rooms

1

1

1

1

Furniture status

unfurnished

unfurnished

unfurnished

unfurnished

Number of floors

1

1

1

1

Entrance floor

Ground floor

1st floor

Ground floor

2nd floor

Tenure

leasehold

leasehold

leasehold

leasehold

Property features

--
BalconyCentral heatingCommunal GardenDouble GlazingLift access
BalconyCentral heatingCommunal GardenDouble GlazingLift access

Overview

Evolution offers a luxurious modern lifestyle, featuring beautifully finished, high specification Shared Ownership apartments, in the lively, colourful neighbourhood of Southall. We are offering £500 towards legal fees and £500 towards a 2 year parking permit. Plus for a limited time only money back on completion  - starting from £3,000.

Choose from a fantastic range of one, two, three bedroom Shared Ownership apartments plus duplex apartments which benefit from open plan living, dining and kitchen area, private balconies and spacious bedrooms. We are also offering a selection of one bedroom and three bedroom wheelchair accessible apartments …

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.

from

£65,000

with min. deposit

£3,250

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