A Fantastic Opportunity to Purchase a One Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
This good-sized apartment is on the ninth floor of a modern development and has a twenty-two-foot reception room with attractive, open-plan kitchen area. There is a spacious bedroom with fitted wardrobe and a sleek bathroom. A pair of built-in storage/utility cupboards have been provided in the entrance hallway and the energy-efficiency rating is very good, thanks to well insulated walls, modern double glazing and a communal heating/hot water system. Barrington Court is in a spectacular location - just moments from Victoria Station and only a short walk from Buckingham Palace, Parliament Square and Sloane Square. St James's Park, Green Park and Hyde Park are also within easy reach and there are numerous shops and restaurants nearby. The building also has a communal roof terrace, which is easily accessible from this apartment.
Full market value: £550,000
Share available for sale (40%): £220,000
Monthly rent: £603.63 (subject to annual review)
Monthly service charge: £389.09 (subject to annual review)
Monthly mortgage: to be confirmed by independent financial advisor
Housing Association: A2Dominion
Tenure: Leasehold (125 years from 25/03/2009).
Minimum Share: 40% (£220,000). The housing association will expect that you will purchase the largest share affordable.
Guideline Minimum Income: Dual - £78,000 (based on 40% share and 10% deposit), Single - £86,900 (40% share, 15% deposit).
Maximum household income: £90,000
Council Tax: Band D
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. Pets not permitted (except assistance animals). There is no parking space offered with this property.
Key Features:
Ninth Floor
Approx. 532 Sqft Gross Internal Area
Very Good Energy-Efficiency Rating
Communal Roof Terrace
Minutes from Victoria Station
Close to Buckingham Palace and Parliament Square
Tenure: Leasehold
Lease Length: 109 years
Parking: No
Outside Space/Garden: Yes - Communal Terrace
Transport links:
Victoria (0.18 miles)
Pimlico (0.50 miles)
St. James's Park (0.53 miles)
Available to priority 1-6(b) households.