Octavia is pleased to present this one bedroom, twelfth floor shared ownership apartment in Paddington. This one bedroom apartment features good size rooms, an open plan kitchen with it's own private balcony accessed from the bedroom overlooking the communal gardens. The apartment is well-presented and includes wood flooring, double glazing throughout (including floor-to-ceiling windows in the bedroom), electric blinds to some windows, independent electric heating/hot water system with Heatmiser control unit, a fully fitted kitchen with integrated Electrolux appliances and a part tiled family bathroom with fitted shower screen, ceiling extractor and heated towel rail.
Transport links:
Edgware Road (London Underground - District / Circle and Hammersmith & City Lines) Station is located within short walking distance and several bus routes pass close by. Paddington (Mainline British Rail / London Underground) Station is situated within close proximity and Marylebone (British Rail / London Underground) Station is located slightly further away. The Paddington Express provides regular, daily services to Heathrow Airport with a journey time of 15 minutes. The A40 is readily accessible providing fast road access with West / Greater London, the M40 motorway and
Local Amenities:
Good local, multiple shopping facilities are available on Edgware Road (A5) and the West End is very easily accessible providing an excellent range of retail outlets, tourist attractions, theatres / entertainment, restaurants, bars and high-class hotels.
Affordability:
Minimum household income: to be confirmed by affordability assessment with Octavia's suggested independent financial advisor
Maximum household income: £90,0000
Full market value: £675,000
Share value for sale (35%): £236,235
Suggested deposit (5% of share value): £11,812.50
Monthly Rent: £472.53
Monthly Service Charge: £366.48
Monthly mortgage: to be confirmed by affordability assessment with Octavia's suggested independent financial advisor
Key Features:
Tenure: Leasehold (Shared Ownership - minimum 35% share for sale)
Size: Approximately 61.8sqm
Parking: No
Outside Space/Garden: Yes - Private Balcony
EWS1 Form available from Octavia
Available to priority 1 - 6(b) households