Studio for sale

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.