SHARED OWNERSHIP

Valley House - Third Floor - Ealing

SHARED OWNERSHIP

Valley House - Third Floor - Ealing

Register interest

Once you have registered your interest, you will receive an email to book your viewing.

This is a two-bedroom property with two balconies and ensuite in Valley House. Located on the third floor in a six-storey block, built around 2016. The approximate size of the property is 81 sq. m. and the time remaining on the lease is 119 years.

There are good transport links with West Ealing Crossrail Station 0.3 miles away and Ealing Broadway 1.2 miles away. Night buses provide links to Central London locations.

Local amenities are located next to the development along Argyle Road. For leisure and enjoyment, Drayton Green is opposite the property. Various restaurants, bars, cafes and shops are within walking distance.

  • Nearest station: West Ealing
  • Nearest tube station: Ealing Broadway
  • Bus routes nearby: E1, E3. E7, E11, 207, N207, 427, 483, 607, N83

The property located on the third floor comprises:

  • Entrance: Hallway with two large cupboards, one smaller for boiler and video phone entry system.
  • Living Room: Spacious lounge with lots of natural light, open plan kitchen and door to balcony. Oak laminate wood flooring.
  • Kitchen: Gloss cappuccino base and wall units with Ipanema white worktop and tiled back splash. Integrated Zanussi appliances in very good condition. Oak Laminate wood flooring.
  • Bedroom One: Double bedroom with fitted double wardrobe, floor-to-ceiling windows and door to balcony. Cream carpet flooring.
  • Bedroom Two: Double Bedroom with fitted wardrobe, floor-to-ceiling windows and ensuite. Cream carpet flooring.
  • Bathroom: White suite comprising panelled bath with shower head, WC and hand washbasin with large mirrored cabinet over. Tiled flooring
  • Outside: Two large private balconies, secure cycle storage, communal roof terrace and communal courtyard with garden.

What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact peabody.resales@peabody.org.uk and our team will be able to help you.

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.

Financial information

  • Tenure: Leasehold
  • Remaining Lease Term: 119 Years
  • Annual ground rent amount: N/A (when owning 100% £300.00 per annum)
  • Ground rent review period: N/A (as 100% owner, Next review 1st January 2040)
  • Annual service charge amount: £2,152.08
  • Service charge review period: 1st April annually
  • Council tax band: Band D

Floorplan

floorplan

Financials*

Full Value

£650,000

Share Price

£195,000

Share Value

30%

Monthly Cost

£1,853

Monthly Mortgage

£788

Monthly Rent

£886

Monthly Service Charge

£179

Minimum Household Income

£70,000

Maximum Household Income

£90,000

Deposit Required

£19,500

*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody sales team for more details.

Location

Valley House, Manor Road, London, Ealing, W13 0EW Open in Google Maps

map

Transport

Education

Food and Drink

Leisure

Retail

Worship

Healthcare

Next steps

To book a property viewing, please register your interest and we will email you details on how to book online. Alternatively you can get in touch directly with our Resident Sales Team using the link below.

Register Your Interest...

Before submitting your details, please read the terms and conditions, and read how we will use your personal information as described in the privacy policy.