Flat for sale in Percy Road, London W12

Shared ownership (Advertised price represents 50% share. Full market value £450,000). A rare chance to buy a shared-ownership property in an attractive period building. The smartly-presented flat is on the first floor and has a reception room with a short flight of stairs down into a good-sized kitchen with sleek units and modern appliances. The main bedroom is large with a bay window and there is a second bedroom ideal for a guest or use as a home office. The end-of-terrace location means the stylish bathroom can benefit from natural light. Double glazing throughout combined with a high quality gas central heating boiler make for a good energy-efficiency rating. There is a wide range of shops along Uxbridge Road plus Westfield Shopping Centre is within easy reach. Shepherd's Bush Market Station, for the Circle and Hammersmith & City Lines, and Ravenscourt Park & Stamford Brook tube on the district line are only a short walk away plus the area is served by a number of bus routes and there are bikes hoops in the front garden.

Interested parties are required to complete the shared ownership common application form

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(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Shepherds Bush Housing Group.
Tenure: Leasehold (99 years from 15/01/2018).
Minimum Share: 50% (£225,000).
Shared Ownership Rent: £445.77 per month (subject to annual review).
Service Charge: £153.65 per month (subject to annual review).
Guideline Minimum Income: Dual - £63,400 Single - £73,100 (based on minimum share and 10% deposit).
Council Tax: Band C, London Borough of Hammersmith & Fulham (£1232.68 for 2024-25).

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. There is no parking space offered with this property however the vendor informs us that on-street parking is available for approximately £90 per year.

What is shared ownership ?

Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.

Is shared ownership for you ?

The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:

1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.

First Floor

Entrance Hall

Lounge
11' 9" x 11' 3" (3.58m x 3.43m)

Kitchen
9' 6" x 8' 9" (2.90m x 2.67m)

Bedroom 1
13' 9" into bay x 11' 5" (4.19m x 3.48m)

Bedroom 2
11' 9" x 6' 2" (3.58m x 1.88m)

Bathroom