£115,625
1 bed flat for sale
So Resi North Acton W31 bed
1 bath
Added on
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an "affordable rent" on the share you don't own.
Key information
Tenure
Leasehold (990 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
25%
SO Resi - North Acton
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About this property
Shared roof terrace with seating and outdoor space
Fully equipped residents' gym for everyday fitness
On-site concierge providing day-to-day assistance
Comfortable residents' lounge for working, relaxing or socialising
Secure cycle storage
Private balcony
Purpose-designed children's play area
Integrated appliances
Eclectic mix of restaurants
Excellent transport links
Plot 251 Guide Pricing
Beds: 1 bedroom apartment
Size: 51.0 m2 / 548 sq ft
Full Price: £462,500
Share %: 25%
Share Price: £115,625
Deposit 5%: £5,781
Monthly Mortgage: £553.67
Monthly so Resi Payment: £578.13
Estimated Service Charge: £239.63
Total Monthly Cost: £1,371.42
Beds: 1 bedroom apartment
Size: 51.0 m2 / 548 sq ft
Full Price: £462,500
Share %: 25%
Share Price: £115,625
Deposit 5%: £5,781
Monthly Mortgage: £553.67
Monthly so Resi Payment: £578.13
Estimated Service Charge: £239.63
Total Monthly Cost: £1,371.42
Available for £115,625 for 25% share based on the marketing figure of £462,500.
Monthly rent - £578.13
Monthly Service Charge - £239.63
Total Monthly Charge - £817.76 plus mortgage required for 25% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
Other information
How we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by so Resi and mtvh
You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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