Shrewsbury Road (51129524)

Overview

Available through our resale shared ownership scheme, a first floor, two-bedroom apartment in Brent.

Property description:

The property comprises a wheelchair accessible, communal entrance with entry system, lift access, open plan kitchen and reception, kitchen with integrated appliances, private balcony, two bedrooms, family bathroom with shower over bath and walk-in hallway storage. 

The property also benefits from access to off-street parking.

Lease: Commenced 2015 with 125-year term

Council Tax Band: Brent Council - E

Approx. Gross Internal Area: 806sq.ft.

LOCAL AREA INFORMATION

• Situated in a quiet pocket of Harlesden just under a mile northwest of Harlesden centre with the nearby Hillside Hub offering a GP and health centre, and a Tesco Express just two minutes' walk away. For a bigger grocery shop, there is a large ASDA supermarket located at Royal Park just 7 minutes away. Across from the small apartment block there's a community sports pavilion, with state-of-the-art multi-use astro turf pitches. A new children's playground is part of the redevelopment and there are at least five schools within a half mile radius.
• The nearest train station is Harlesden, within 8-minutes' walk, which is serviced by the Bakerloo line that travels to Oxford Circus in 24 minutes. From the same station, the London Overground goes to Euston station within 19 minutes. The number 18 bus is a 2-minute walk away, which takes you to Wembley Central in 12 minutes with access to Wembley Stadium, London Outlet Village and also into Central London. The A406 is a 3-minute drive away providing easy access to London's extensive motorway network.

FINANCIAL INFORMATION

Property Value = £370,000

Percentage Share = 65%

Share Price = £240,500

*Monthly Rent = £385.71

*Monthly Service Charge = £148.14

**Monthly Mortgage Payment = £1,229

***Annual Household Income = £67,000

*Please note the rent and service charge is reviewed annually 01 April.

** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.

***Is based on a 10% mortgage deposit.  If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced. 

Your home may be at risk if you do not keep up your mortgage and rent repayments.  Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract.  Areas, distances or measurements referred to are approximate.  For confirmation of property details refer to the terms of the lease and plans from your solicitor.  Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder.  Please note that the Resales Team have not visited this property.