1 bedroom apartment for sale
Washbourne Court, 14 Acton Close, London
Chain-free
Apartment
1 bed
1 bath
Key information
Tenure: Leasehold | unconfirmed share | 905 yrs left
Service charge: £1,464 per annum
Council tax: Ask agent
Broadband: Super-fast 80Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenure: Leasehold (905 years remaining)
- Modern Shared Ownership home
- Great transport links
- No onward chain
- Long lease
- Close to local amenities
- Top floor
Shared Ownership
This superb modern apartment is available to buy from as little as £88,000 with a 40% share!
The property comprises of a living room (currently divided into a dining area and separate reception area/additional bedroom) with a separate kitchen, bathroom and a double bedroom. There's wooden flooring in the main areas and double-glazed windows. There is no allocated parking but plenty of street parking in front.
Located close to Enfield, North London, the flat takes advantage of being close to the city and train stations while also having tranquil natural areas in the surroundings. Liverpool Street can be reached by train in 20 min from the railway station, while the Overground and other buses are also available nearby. There are also beautiful lakes of William Girling and King George's Reservoirs, along with several golf courses and parks. All local amenities are nearby, with large supermarkets, shops, restaurants and schools for all levels. The M25 motorway is also very convenient, being only 10 minutes away by car.
PRICING & AFFORDABILITY
Approximate Size 47 sq m
Full Market Value: £220,000
40% Share Price: £88,000 (rent £681pcm)
Minimum 5% Mortgage Deposit (% share): £4,400
Approximate Service Charges: £122pcm*
Shared Ownership Lease: approx. 907 years
Council Tax Band: B
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 £220,000 and a purchaser would not need to meet the eligibility criteria listed above.
This superb modern apartment is available to buy from as little as £88,000 with a 40% share!
The property comprises of a living room (currently divided into a dining area and separate reception area/additional bedroom) with a separate kitchen, bathroom and a double bedroom. There's wooden flooring in the main areas and double-glazed windows. There is no allocated parking but plenty of street parking in front.
Located close to Enfield, North London, the flat takes advantage of being close to the city and train stations while also having tranquil natural areas in the surroundings. Liverpool Street can be reached by train in 20 min from the railway station, while the Overground and other buses are also available nearby. There are also beautiful lakes of William Girling and King George's Reservoirs, along with several golf courses and parks. All local amenities are nearby, with large supermarkets, shops, restaurants and schools for all levels. The M25 motorway is also very convenient, being only 10 minutes away by car.
PRICING & AFFORDABILITY
Approximate Size 47 sq m
Full Market Value: £220,000
40% Share Price: £88,000 (rent £681pcm)
Minimum 5% Mortgage Deposit (% share): £4,400
Approximate Service Charges: £122pcm*
Shared Ownership Lease: approx. 907 years
Council Tax Band: B
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 £220,000 and a purchaser would not need to meet the eligibility criteria listed above.
Property information from this agent
About this agent
Full profileProperty listings
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.