For sale

Samuelson House

SOWN Shared Ownership

London

Ealing

Shared OwnershipThis superb modern home is available to buy from as little as £95,000 with a 25% share!This spacious second floor apartment is well presented throughout. The well planned accommodation is generously proportioned and comprises a light and airy reception room which is open plan with a fully fitted kitchen and a door to a covered balcony, two large double bedrooms both offering access to a second covered balcony, an en-suite shower room servicing the master bedroom, a further family bathroom and communal rooftop gardens. Please note, this property does not have any allocated parkingThis property is located a short distance away from Southall Train station which is now on the Elizabeth Line. There is a wealth of local amenities nearby and the M4 is easily accessible.PRICING &amp; AFFORDABILITYFull Market Value: £380,00025% Share Price: £95,000 (rent £681.26pcm) Minimum 5% Mortgage Deposit (% share): £4750 Approximate Service Charges: £144.58pcm*&nbsp; Shared Ownership Lease: approx. 119 years Council Tax Band: DELIGIBILITYShared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright although this is not a guarantee.To be eligible for shared ownership you would need to meet the following criteria:• Your annual household income does not exceed £90,000. • You have a deposit of at least 5% of the share value • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.&nbsp; • This will be your only residence. • You are a permanent UK resident or have indefinite right to remain.*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.** This home can also be purchased outright (100% of the value) which is £380,000 and a purchaser would not need to meet the eligibility criteria listed above.&nbsp;

2 bedroom homes for Shared ownership in Ealing. Check your eligibility or Register your interest to be notified for upcoming open days at Samuelson House, Southall UB2 4WS, Southall, UB2 4WS.

Bedrooms	2
Bathrooms	1
Reception rooms	1
Furniture status	unfurnished
Number of floors	1
Entrance floor	2nd floor
Tenure	leasehold
Lease years	119

Samuelson House

2 bedroom flat

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