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1 Bedroom Flat

Marsh Road, Pinner, HA5

£ 124,250

Call the Shared Ownership branch on 02380 820 121

Features:

  • Shared Ownership apartment
  • First floor
  • Walking distance to station and shops
  • Excellent commuter links
  • Open plan lounge/kitchen/diner
  • Lift in the block

 

Property Description:

Shared Ownership

This first floor modern apartment is available to buy from as little as £124,250 with a 35% share!

Trinity Court is located in the picturesque and highly desirable area of Pinner within walking distance of the area's excellent amenities and close to everything Central London has to offer.

These apartment offer young professionals and first time buyers the perfect base to enjoy the charm and tranquillity of this sought-after outer London suburb. On your doorstep, you'll find abundant and varied shopping, dining and entertainment options. Alternatively you can simply sit at a local café and soak up the relaxed atmosphere and friendly community spirit.

The apartments have been finished to a high specification throughout and have been designed to optimise space and feature crisp interiors combined with stylish appointments. Built by Savoy Estates, the apartments all come with a 10-year building warranty.

Located within a residential area on the outer fringes of north-west London, Pinner has retained much of its ancient charm, particularly in the original village centre, despite its proximity to the capital.

Trinity Court is well-placed, close to local amenities and Pinner station for easy access to the surrounding areas. With its church and delightful mock-Tudor buildings, Pinner is a picturesque place for a stroll.

This first floor apartment benefits from an open plan lounge/kitchen/diner, spacious double bedroom and bathroom. There is also a lift in the block and communal gardens at the rear.

PRICING & AFFORDABILITY

Approximate Size 538 sq ft

Full Market Value: £355,000

35% Share Price: £124,250 (rent £528.80pcm)
50% Share Price: £177,500 (rent £406.77pcm)
60% Share Price: £213,000 (rent £325.42pcm)
75% Share Price: £266,250 (rent £203.39pcm)

Minimum 5% Mortgage Deposit (35% share): £6,213

Approximate Service Charges: £112.08 pcm*
Ground Rent: £250 per annum

ELIGIBILITY

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright.

At Trinity Court you can buy a minimum 35% share of your home (the maximum you can buy initially is 75%). When you're ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for this shared ownership scheme you would need to meet the following criteria:

' Your household income does not exceed and £90,000
' You have a deposit of at least 5% of the share value
' You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
' This will be your only residence.
' You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

 

Call the Shared Ownership branch on 02380 820 121