Shared ownership 50% share — prime Uxbridge location with excellent transport links.
Fourth-floor two-bedroom apartment with wrap-around balcony
A bright two-bedroom apartment on the fourth floor of Movia Apartments, offered through Shared Ownership for a 50% share. The home has a modern open-plan kitchen and living area that opens onto a private wrap-around balcony, bringing extra outdoor space and light to the layout. At 743 sq ft the accommodation is an average-sized, practical home for a first purchase or a couple.
Practical local advantages include a three-minute walk to Uxbridge station, fast broadband and excellent mobile signal, plus immediate access to shops, eateries and The Chimes shopping centre. The property has an EPC rating C and 118 years remaining on the lease.
Important costs and considerations are clear: the sale is for a 50% share priced at £200,000, with a monthly rent of £575.88 and a monthly service charge of £182.87 (annual service charge c. £2,194.44). A minimum 5% deposit is required for the share. Heating is by electric room heaters, which can mean higher running costs than gas systems, and the apartment has a single bathroom. The annual rent increase takes place each April.
Shared Ownership can be an efficient route onto the housing ladder, but buyers should check eligibility, the implications of shared ownership resale rules, and speak with a solicitor and mortgage adviser about lease length and ongoing charges before committing.
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