4 bed flat for sale

So Resi Wembley Park HA9

Plot 328 Guide Pricing
Beds: 2 bedroom apartment
Size: 64 m2
Full Price: £515,000
Share %: 25%
Share Price: £128,750
Deposit 5%: £6,438
Monthly Mortgage: £616.52
Monthly so Resi Payment: £772.50
Estimated Service Charge: £204
Total Monthly Cost: £1,593.02

Welcome to your new home! This brand-new 2-bedroom Shared Ownership apartment is perfectly situated within walking distance of Wembley Park Station, offering unparalleled convenience for commuters. The apartment features a contemporary kitchen with integrated appliances, ensuring a seamless cooking experience. Step out onto your private balcony to enjoy your morning coffee or unwind after a long day, while the secure cycle storage caters to your active lifestyle.

Adding to its appeal, the apartment boasts a private podium garden, providing a tranquil retreat for relaxation or social gatherings. This thoughtfully designed space is perfect for enjoying the outdoors without leaving the comfort of your home. The apartment's modern layout and high-quality finishes create a stylish and comfortable living environment.

Living in Wembley Park means being part of a vibrant community with a rich array of amenities. From world-class entertainment at the iconic Wembley Stadium and sse Arena to a variety of shops, restaurants, and cafes, there's always something to do. The area also offers excellent transport links, making exploring the rest of London easy. This apartment truly combines the best of urban living with the comfort and convenience of a well-designed home.

Shared Ownership is a housing scheme aimed at making homeownership more affordable. It allows you to buy a portion of a property, usually between 10% and 75%, while paying rent on the remaining share to a housing association or private landlord. This means you need a smaller mortgage and deposit compared to buying a property outright. Over time, you can purchase additional shares in the property, a process known as "staircasing, " which can eventually lead to full ownership. This scheme is particularly beneficial for first-time buyers or those with limited financial resources, providing a more accessible route to owning a home.

Available for £128,750 for 25% share based on the marketing figure of £515,000.

Monthly rent - £772.5
Monthly Service Charge - £204
Total Monthly Charge - £976.50 plus mortgage required for 25% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.