5 Harbet Road, Paddington, W2 1AJ - 1 bed apartment - viewing shortly (express your interest now)

Submitted on 8 August 2019 - 11:52

A 1 bed, shared ownership resale apartment will shortly be viewing in Paddington, with a minimum 25% share available for purchase.

This apartment is centrally located close to Paddington and Edgware Road stations, and within short walk of picturesque Little Venice. A leisurely 10 minute stroll along and across the Paddington Basin brings you to the Maida Basin, the venue for annual canal boat cavalcade, and the embarkation point for the water taxis to Camden Lock via the Regents Canal.

The central location means that several London 'villages' are close by. Just to the north east of Edgware Road, which itself is famous for its Middle eastern restaurants and cafes, is the Portman Estate, well known for its gastro pubs, cafes and art galleries. Slightly further on is Marylebone Village, one of W1's major destination shopping and eating areas centred around Marylebone High Street.

Key Features

Accommodation

Fifth Floor Self-contained flat

Entrance hallway (L-Shaped) - 3.90m x 1.16m and 0.55m x 0.96m

Family bathroom / WC - 2.41m x 2.00m

Storage / tank cupboard - 0.92m x 0.68m

Bedroom - 4.34m x 2.59m

Open plan kitchen / reception room with storage cupboard - 8.05m x 4.08m and 1.28m x 0.34m

The gross floor area of the subject flat is approximately 46sqm / 495sqft

Name of Housing Provider:

Octavia Housing

Type of tenure? Shared-ownership? ‘IMR’ ‘Rent 2 Buy’ etc

Shared Ownership Resale

If Shared ownership, is this opportunity a new build or resale?

Resale

Name of development (if appropriate)

Harbet Road

Full address of development (including postcode):

5 Harbet Road, Paddington, W2 1AJ

Type of property i.e. apartment or house

Apartment

Number of units available

one

Eligibility criteria e.g. Is it key worker specific?

Registered with Homeownership Westminster service

Priority to those who live and work in Westminster

Does the property have access for people with disabilities.

No

Suggested Minimum household income required to achieve affordability

£45,000 (depending on level of deposit)

Maximum Household Income to allow eligibility

£90,000

Number of bedrooms

one

Number of years remaining on lease (if shared ownership)

125 Years

Minimum % Share Available and any restrictions on staircasing (if applicable)

25%

Value Range of properties (min to max)

Full market value of property if resale

£550,000

Value of share offered

£137,500

Service Charge

£246 per month

Monthly Rent

£504

Date Available

Coming Soon