Shared Ownership
This superb modern home is available to buy from as little as £169,750 with a 35% share!
A well-presented one-bedroom fourth-floor apartment offering approximately 681 sq ft of spacious, modern accommodation, situated within the popular Isambard Court development in Brentford. The property benefits from an impressive open-plan kitchen/reception room, a generously sized double bedroom, bathroom and useful storage, alongside two separate private balconies providing excellent additional outdoor space. The property also benefits from communal parking available with a parking pass.
The open-plan kitchen/reception room forms the heart of the home, measuring approximately 27'9" in length and providing plenty of space for both living and dining areas. Doors open directly onto both balconies, creating a bright and airy feel, while the bedroom is particularly well proportioned with built-in storage.
Isambard Court is conveniently positioned for the amenities of Brentford, including a range of shops, cafés, restaurants and everyday services. Brentford Station provides rail connections towards London Waterloo, while the A4 and M4 offer convenient road links across West London and beyond.
PRICING & AFFORDABILITY
Full Market Value: £485,000
35% Share Price: £169,750 (rent £592.57pcm)
Minimum 5% Mortgage Deposit (35% share): £8,487.50
Approximate Service Charges: £267.50pcm*
Lease: 117 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. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £485,000 and a purchaser would not need to meet the eligibility criteria listed above.
Council Tax Band D
