The property:Two bedroom flat in Hillingdon is available now on a part-buy/part-rent scheme. Approx. 66 years remaining on the lease.
Gia: 46m2Bedroom 1 – approx. (3.1m x 2.7m)Double room, 2 x fitted wardrobes, carpeted floor & radiator.
Bedroom 2 – approx. (2.1m x 2.7m)Single room, carpeted floor & radiator.
Bathroom/WC – approx. (2.2m x 1.9m)New bathroom installed. White suite comprising of a bath with mixer tap and shower over, low level W.
, housing basin & large storage cupboard. Well decorated.
Kitchen – approx. (2.5m x 2.2m)New kitchen installed. Fitted with a range of fitted tops & base with surfaces, single drainer sink unit with one & half bowl, boiler & plumbing for washing machine. Well decorated.
Lounge – approx. (3.5m x 4.2m)Large room, laminate flooring, new UPVC windows & radiatorOutsideAllocated parkingEnergy Efficiency Rating – CEnvironmental Rating – C**open day*Ad-HocViewings strictly by appointment only.
For further information or to book an appointment, please contact our Sales Team on: Oreligibility:To be eligible for this property you must be earning a household income of at least £38,007 with a deposit of £12,500 and live or work in the Hillingdon authority area.
Location:The property is located in Peplow Close in the Borough of Hillingdon. The property is very centrally located within a short walking distance of the town centre, the new Cross-rail and the current over ground rail station serving West Drayton. There is fast train from West Drayton to Paddington within 10 minutes. Close proximity to M4, M25, M40 and 5 miles to Heathrow Airport. Intu shopping centre in Uxbridge is 2.7 miles. Buses are 698, U1, U3, U5,222 & 350. Three Primary Schools & a Secondary School are in walking distance.
Shared ownership:The scheme allows you to purchase the specified share of the property price, and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later dateAs a shared owner you will be an assured tenant until you own 100% of the shares for the property after which you will own the leasehold interest.
Sale Price and EquityFull market value: £250,000 Monthly net rent: £217.84Share available: 50% Monthly service charge: £109.12Share price: £125,000The rent review is every April. Quoted rental figures are based on the 2019/20 financial year Continued...
Average weekly rent of nearby 2 beds.
Gross yield if rented for the average rent.
Average asking price of nearby 2 beds.
This property is cheaper than average.
Property prices in this area have increased at this rate per year over the last 5 years.
If historic price growth continues, this property could be worth this much in 5 years.
020 8022 1540