A rare opportunity to purchase a 1 bedroom, shared ownership, resale apartment on the 2nd floor within a lifted building at Leo Court.
Very close proximity to Edgware Road station, Royal Oak and Paddington.
This is an unfurnished property, the flat includes bathroom and kitchen, blinds and carpets fitted in in all rooms. Fridge- freezer, Cooker have also been provided by WCH.
Local Buses to Central London: 18, 332, 36.
Available to priority 1-6(a) households
Name of Housing Provider: | Westminster Community Homes (WCH) |
Type of tenure? | Shared Ownership |
If Shared ownership, is this opportunity a new build or resale? | Resale |
Name of development (if appropriate) | Leo Court |
Full address of development (including postcode): | Leo Court, John Aird Court, St. Marys Terrace, W2 1DF |
Type of property i.e. apartment or house | Apartment |
Number of units available | 1 |
Eligibility criteria e.g. Is it key worker specific? | Registered with Homes For Westminster service Priority to those who live and work in Westminster |
Does the property have access for people with disabilities? | No |
Suggested minimum household income required to achieve affordability | £35,000 Depending on level of deposit – financial assessment required with independent financial advisor (IFA) prior to viewing |
Maximum Household Income to allow eligibility | £90,000 |
Number of bedrooms | 1 bedroom |
Number of years remaining on lease (if shared ownership) | 116 125 years (less 3 days) from 28 March 2011 |
Minimum % Share Available and any restrictions on staircasing (if applicable) | 30% |
Value Range of properties (min to max) Full market value of property if resale | £420,000 Full market value |
Value of share offered | £126,000 = 30% |
Monthly Service Charge | £100 |
Monthly Rent | £ 490 (as is standard practice - utility bills are not included in rent) |
Date Available | Viewing by appointment only on Wednesday 9th July |