55 North Wharf Road, W2 1LA - 1 x 1 bed apartment - viewing now (express your interest now)

Submitted on 10 June 2024 - 15:58

1 Bedroom Shared Ownership Apartment - Now available in Paddington

General Description

Octavia Housing are pleased to present this lovely one bedroom, second floor apartment based in an established and near prime water side location of Central London, Paddington.

Situated on the second floor of a twelve storey high rise building, built in 2018.The apartment is in fantastic condition, facing southwest meaning the private balcony allows plenty of sunlight inside and wonderful views overlooking the Grand Union Canal. An open-plan lounge/kitchen which is fitted with integrated appliances, one double bedroom and family bathroom/WC which come with full height ceramic wall tiling and feature white Ideal Standard sanitary ware and complementing mixer taps.

Transport Links

Just a 6 minute walk to Paddington Station which is home to four major underground lines (Hammersmith & City, Circle, District and Bakerloo), as well as main line train connections. Paddington provides quick access to all parts of central London as well as having a direct 22 minute service to St Pancras International for European services.

Local Amenities

Good local schools, shops, leisure facilities can be found within 1/4 mile of the property. The West End is very readily accessible providing an excellent range of retail outlets, tourist attractions, theatres / entertainment, restaurants and bars.

Key Features

Tenure: Leasehold (Shared Ownership - Min 25% Share)
Share value (25% for sale): £168,750
Minimum suggest deposit (5% of share value): £8,438
Full market value: £675,000
Size: Approximately 48sqm
Rent: £916.96 per month
Service Charge: £392.38 per month
EWS1 Form available (A1 Rating)

Minimum annual household income to be eligible: to be confirmed by financial assessment with Octavia Housing's suggested independent financial advisor

Maximum annual household income to be eligible: £90,000


Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: Not specified

Distance To Railway/Tube Stations:

Paddington (0.18 miles)
Edgware Road (Bakerloo) (0.28 miles)
Edgware Road (Circle/District/H&C) (0.36 miles)

Available to Priority 1 - 6(b) households.