SHARED OWNERSHIP
Valley House - Fourth Floor
Manor Road, London, London, Ealing, W13 0EW
Resale Shared Ownership
(Share Price (50%) - £290,000
Full Value Price £580,000
(Share Price (50%) - £290,000
Full Value Price £580,000
2 Bedrooms
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SHARED OWNERSHIP
Valley House - Fourth Floor
Manor Road, London, London, Ealing, W13 0EW
Resale Shared Ownership
(Share Price (50%) - £290,000
Full Value Price £580,000
(Share Price (50%) - £290,000
Full Value Price £580,000
2 Bedrooms
Property reference number: 1638871
This well appointed apartment offers plentiful natural light, a balcony overlooking copious green space with 2 spacious double bedrooms.
Valley House is situated beside Drayton Green park, along side a range of cafes, restaurants and amenities including a Waitrose within walking distance. Ealing Shopping Centre is 1.1 miles away for all your shopping needs and you can get to either Heathrow or Paddington in under 20 minutes on the Elizabeth line.
- Nearest underground & railway stations: West Ealing (0.3 miles)
- Bus routes nearby: E1, E7, E11
The property located on the fourth floor comprises:
- Entrance: Hallway with 3 cupboards, 1 of which dedicated to the washing machine, and a video phone entry phone system. Oak laminate flooring.
- Living Room: Open plan spacious lounge with lots of natural light leading out to the balcony. Oak laminate flooring.
- Kitchen: Gloss cappuccino coloured units with polished chrome, with Ipanema white coloured laminate worktop and stainless steel-splashback. Integrated Zanussi appliances in good condition. Oak laminate flooring.
- Bedroom One: Double bedroom with fitted wardrobe, floor to ceiling windows onlooking the courtyard. Buttermilk coloured wool twist carpet.
- Bedroom Two: Double bedroom floor to ceiling windows onlooking the park. Buttermilk coloured wool twist carpet.
- Bathroom: White suite comprising fully tiled bath with shower head, WC, hand washbasin with a mirrored cabinet & a towel rail. Porcelain tiled flooring.
- En-suite: White suite comprising fully tiled shower, WC, hand washbasin with a full wall length mirror & a towel rail. Porcelain tiled flooring.
- Outside: Private balcony with access via lounge, communal garden & secured cycle storage.
What happens after I register my interest?
After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
- Tenure: Leasehold
- Remaining lease term: 117 Years
- Annual service charge amount: £2,118.72
- Service charge review period: 1st April annually
- Annual ground rent amount: £350.00
- Ground rent review period: 25 years
- Council tax band: Band D
Floorplan
Financials*
Full Value
£580,000
Share Price
£290,000
Share Value
50%
Monthly Cost
£2,419
Monthly Mortgage
£1,565
Monthly Rent
£677
Monthly Service Charge
£177
Minimum Household Income
£80,000
Maximum Household Income
£90,000
Deposit Required
£29,000
*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody New Homes team for more details.
Location
Manor Road, London, London, Ealing, W13 0EW Open in Google Maps
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