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Flat 31, Red Lion Court 1B The Broadway

Shared ownership

1B The Broadway, Greenford, UB6 9FJ

For sale
Shared ownership
Photo of Flat 31, Red Lion Court  1B The Broadway
Live from space album cover

from

£62,500

with min. deposit

£3,125

25% Share from
£62,500
Full market price
£250,000
Minimum deposit
£3,125
Monthly rent
£472
Monthly service charge
£196.83
Annual ground rent
£0
Reservation free
£500
Administration free
£0

1 bedroom flat

BEWEST are please to present a fantastic one bedroom flat on the 3rd floor, available new to the market with the benefit of no forward chain and located in the popular Red Lion Court development!

The property comprises of one double bedroom, spacious fully fitted open plan kitchen with living room, modern bathroom and private balcony.

The property benefits from stunning views from the balcony off the open plan kitchen living area. This property is conveniently located on Greenford Broadway which provides access to an excellent selection of shops, banks, cafés, supermarkets and transport links. Bus routes connect the area with Ealing, Hanwell, …

Features

Balcony

Central heating

Double Glazing

Lift access

Pets allowed

Communal Garden

Off street parking

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area50
Number of floors1
Entrance floor3rd floor
Tenureleasehold
Lease years123
EER Current88
EER Potential88
EIR Current94
EIR Potential94

from

£62,500

with min. deposit

£3,125

25% Share from
£62,500
Full market price
£250,000
Minimum deposit
£3,125
Monthly rent
£472
Monthly service charge
£196.83
Annual ground rent
£0
Reservation free
£500
Administration free
£0
BeWest

BeWest

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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