George House
£150,000 for a 25% share
Property description
Unusually designed apartment in Queens Park
Property address
Albert Road, London, NW6 5BR
2 
1 Shared Ownership
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.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £600,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £150,000 |
| Monthly Service Charge | £407 |
| Minimum Deposit | £15,000 |
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