Studio for sale
Key information
Property description & features
- Tenure: Leasehold (990 years remaining)
- Price represents purchasing a 25% share of the property's full market value
- 13th floor apartment with a private balcony
- Full height windows providing plenty of natural light
- Washing machine, dishwasher and fridge/freezer
- Communal roof terrace on 15th floor
- Dedicated concierge service and 24 hour estate management & security
- Two Zone 2 underground stations within a 5 minute walk
- 5 minute walk from over 350 shops at Westfield London
- Available from a 5% deposit with Shared Ownership
About This Apartment
Plot F1313 is a 13th floor studio apartment available with Shared Ownership at The Acer Apartments in White City. The apartment provides a high specification with integrated appliances, a private balcony and full height windows allowing plenty of natural light throughout.
The Acer Apartments are situated in 8 acres of beautifully landscaped gardens with 24-hour estate management, security and a dedicated concierge service, plus a communal roof terrace on the 15th floor.
Located a 5-minute walk from Westfield London and two Zone 2 underground stations, you'll have access to some of London's best retail and entertainment on your doorstep with exceptional transport links across the city, providing the perfect location to get on the property ladder in one of London's most sought-after areas.
All apartments are available to purchase with Shared Ownership from a 25% share. The price shown reflects purchasing a 25% share of the property's full market value.
Financial Breakdown Based on a 25% Share:
- Full Market Value: £505,000
- 25% Share Value: £126,250
- 5% Deposit of Share Value (25%): £6,313
- Rent on Unowned Share (75%): £695 per month
- Service Charge: £230.73 per month
- Anticipated Household Income Required to Purchase a 25% Share: £52,500
- Council Tax: TBC*
These figures are a guideline and may vary according to individual incomes and circumstances. Please speak to one of our sales consultants for a detailed breakdown.
About The Acer Apartments
The Acer Apartments are located within the beautiful White City Living development, which forms a tight community at the heart of this sought-after area. Every aspect of White City Living has been designed to be an oasis within the city and offers a perfect work/life balance. You'll be a 5-minute walk from over 350 shops at Westfield London, as well as White City and Wood Lane underground stations which will get you to Paddington, Bond Street and Oxford Circus in under 15 minutes. The beautiful Hammersmith Park is around half a mile away, with Holland Park and its 54 acres of gardens just over a mile away, providing an idyllic place to unwind.
What is Shared Ownership?
Shared Ownership offers you the chance to buy a share of your home (typically between 25% and 75%) and pay rent on the remaining share. Later on, you could buy more shares of your new home when you can afford to and, if you chose, own the property outright. Monthly costs to purchase a home via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Eligibility Criteria
To be eligible for a home at The Acer Apartments, you'll need to:
- Have a combined household income under £90,000
- Not own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
*Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help. Interior images shown are of the show apartment at The Acer Apartments and are indicative only.
Property information from this developer
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*DISCLAIMER
Property reference Plot F1313. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Legal & General Affordable Homes - The Acer Apartments, W12.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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