George House

SHARED OWNERSHIP

Full Market Value:  £600,000

Share Value (25%):  £ 150,000

Monthly Rent:         £ 1,033.18

Service Charge:      £ 407.37

Council Tax Band:   C

125 year lease commenced June 2012 - 112 years remaining 

EWS1 Certification is available for this property - B2 rating - letter of assurance available to confirm no cost to residents

This bright and spacious two bed apartment  offers a large dual aspect lounge opening onto a winter garden balcony and a separate kitchen diner. There are two double bedrooms, one with fitted storage.   The contemporary bathroom comes complete with a white three-piece suite and additional shower cubicle. 

This apartment benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

George House is ideally located, a stones throw from the cafes, restaurants and green open spaces of Salusbury Road, Queen's Park. Local transport links include Queen's Park (Bakerloo Line) and Brondesbury Park (London Overground).

The buyer will require a deposit to obtain a mortgage for this property. 

To meet the requirements for this property we require as a guideline, a minimum household income of £81,475. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain. 

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number. 

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage. 

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of December 2024.

*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent or L&Q for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other resales shared ownership property.

This is an indication of how much these apartments might cost.

For more detailed information please register your interest in this property.

George House is ideally located, a stones throw from the cafes, restaurants and green open spaces of Salusbury Road, Queen's Park. Local transport links include Queen's Park (Bakerloo Line) and Brondesbury Park (London Overground).

Others

• Balcony

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