This superb modern home is available to buy from as little as £125,000 with a 25% share!
Situated within the modern Samuelson House development on Bridge Road, Southall, this impressive three-bedroom duplex maisonette offers approximately 1,485 sq ft of spacious and versatile accommodation arranged over two floors. The property combines contemporary living with generous room sizes, private outdoor space and the added convenience of an allocated parking space.
The lower floor features a spacious separate living room, ideal for both relaxing and entertaining, alongside a modern fitted kitchen and dining area offering ample space for everyday family living. A convenient shower room and useful storage complete this level, while the private front garden provides additional outdoor space.
Upstairs, the property offers three well-proportioned bedrooms, including a generous principal bedroom, together with a modern family bathroom and further storage. A private terrace provides an excellent space for outdoor seating, while a Juliette balcony adds to the appeal of the accommodation.
Ideally positioned in Southall, the development offers convenient access to a range of local shops, supermarkets, restaurants and everyday amenities. Southall Station provides Elizabeth line services towards Central London, Heathrow Airport and beyond, making this an attractive choice for commuters and families alike.
PRICING & AFFORDABILITY
Full Market Value: £500,000
25% Share Price: £125,000 (rent £1,220.27pcm)
Minimum 5% Mortgage Deposit (25% share): £6,250
Approximate Service Charges: £336.90pcm*
Lease: 117 years
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £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.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £500,000 and a purchaser would not need to meet the eligibility criteria listed above.
Council Tax Band E
