Map2 bedroom apartment for sale
Flat 34, 8 Bradley Road, London
Chain-free
Apartment
2 beds
2 baths
Key information
Tenure: Leasehold | unconfirmed share | unconfirmed yrs left
Service charge: £1,769.16 per annum
Council tax: Ask agent
Features and description
- Tenure: Leasehold
- Two bedroom apartment
- Private balcony
- No onward chain
- Allocated parking space
- En suite bathroom to master bedroom
- Great transport links
This property is available to buy for as little as £373,750 for a 65% share.
No onward chain. Offered to the market stands this beautifully presented 2 bedroom, 2 bathroom apartment in the newly built (2019 build) Bradley Road.
This property benefits from a large entrance hall with ample storage, 2 double bedrooms with an en suite bathroom to the master, large open plan kitchen/living room and a family bathroom.
This apartment further benefits from good size private balcony, underground residents parking, communal grounds and bike storage.
PRICING AND AFFORDABILITY
Full market value: £575,000
65% Share Price: £373,750
Rent (65% share): £584.89 pcm
Service charge: £147.43 pcm
Lease: Approx. 126 years remaining
ELIGIBILITY
Shared 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.
• 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.
* This home can also be purchased outright (100% of the value) which is £575,000 and a purchaser would not need to meet the eligibility criteria listed above.
No onward chain. Offered to the market stands this beautifully presented 2 bedroom, 2 bathroom apartment in the newly built (2019 build) Bradley Road.
This property benefits from a large entrance hall with ample storage, 2 double bedrooms with an en suite bathroom to the master, large open plan kitchen/living room and a family bathroom.
This apartment further benefits from good size private balcony, underground residents parking, communal grounds and bike storage.
PRICING AND AFFORDABILITY
Full market value: £575,000
65% Share Price: £373,750
Rent (65% share): £584.89 pcm
Service charge: £147.43 pcm
Lease: Approx. 126 years remaining
ELIGIBILITY
Shared 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.
• 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.
* This home can also be purchased outright (100% of the value) which is £575,000 and a purchaser would not need to meet the eligibility criteria listed above.
Property information from this agent
About this agent
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.