55 North Wharf Road, Paddington, W2 1LA - 4 x 1 bed apartments - viewing now (express your interest now)

Submitted on 4 November 2020 - 09:41

North Wharf Road offers an exclusive collection of one bedroom apartments all with stunning views overlooking the Grand Union Canal. These homes offer generous open plan kitchen/living areas with sleek and contemporary fitted kitchen units, as well as all modern appliances and floor coverings throughout. Other feature include window dressings, fitted bookshelf and wardrobe and a private balcony.

Set overlooking one of London’s most prestigious regeneration areas right in zone 1. North Wharf Road is walking distance to the Paddington Basin, the terminus of the Paddington Arm of the Grand Union Canal. This area has seen significant regeneration during the past decade and is now home to a mix of smart new apartments and office buildings.

Along with great shopping, restaurants and the independent traders on Merchant Square right on your doorstep this central London hub is the perfect lifestyle destination.

*The image shown represents an example of the apartment layout

Name of Housing Provider:

Octavia

Type of tenure?

Shared Ownership

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

New Build

Name of development (if appropriate)

55 North Wharf Road

Full address of development (including postcode):

55 North Wharf Road, Paddington, W2 1LA

Type of property i.e. apartment or house

Apartments

Number available

4

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

Registered with Homeownership Westminster

Does the property have access for people with disabilities?

Yes

Suggested minimum household income required to achieve affordability

£64,405 (assuming a 10% deposit)

Maximum Household Income to allow eligibility

£90,000

Number of bedrooms

1

Number of years remaining on lease (if shared ownership or discounted market sale)

125

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

£750,000 - £775,000

Value of share offered

25%

Monthly service charge

£315 (estimated)

Monthly Rent

£703 - £727 (1.5% of unsold equity)

Date Available

Now