Woodfield Quarter, Apartments 1-71, Brick Apartments, 7D Woodfield Road, W9 2EF - 1 and 2 bed apartments - viewing Tuesday 14th July (9.30am - 4pm) - contact us now

Submitted on 8 July 2020 - 10:31

Introducing Woodfield Quarter, a collection of one and two bedroom apartments available for shared ownership purchase to those living or working in Westminster and registered with Homeownership Westminster (HOW).

This exclusive block of shared ownership apartments, consists of one bedroom apartments and two bedroom apartments located in Maida Hill, W9 and only a few minutes’ walk from Westbourne Park Station.

Important: please ensure you meet the household income requirements listed below prior to expressing your interest.

Priority for the 2 bed apartments is to families with dependent children and then to sharers.

Specifications include - Modern fitted kitchen with oven, hob and extractor hood. White goods include fridge/ freezer, washer dryer and dishwasher. Private outdoor space in the form of balconies to some apartments.

 

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)

Woodfield Quarter

Full address of development (including postcode):

Apartments 1-71, Brick Apartments, 7D Woodfield Road, W9 2EF

Type of property i.e. apartment or house

Apartments

Number of units available

3 x 1 beds and 5 x 2 beds

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

Living or working in Westminster, registered with Homeownership Westminster

Does the property have access for people with disabilities?

Yes - lift

Suggested minimum household income required to achieve affordability

1 Beds: £43,805, 2 Beds: £60,615

(these household incomes assume a 10% deposit, therefore a higher deposit would result in a lower household income)

Maximum Household Income to allow eligibility

1 Beds: £55,000, 2 Beds: £75,000

Number of bedrooms

1 & 2 bedrooms

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

125 years

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

25%, no restrictions

Value Range of properties (min to max)

Full market value of property if resale

1 beds - £535,000 - £685,000 (please note some are now reserved)

2 beds - £740,000 - £825,000 (please note some are now reserved)

Value of share offered

25%

Estimated Monthly Service Charge

1 beds £195, 2 beds 235

Estimated Monthly Rent

£488 - £773

Date Available

Now