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"The Property
**** 25% shared ownership ****

Studio flat on the top floor with spacious living room bedroom, private balcony, modern fitted kitchen, and shower room. Benefiting from a 242 year lease, this property is within 0.4 miles of Southall Station, making it ideal for first time buyers and investors alike.

The building offers a secure communal entrance with both stairs and lift access to all floors. Upon entering the flat, there s a sleek, modern kitchen with ample cupboard space on three sides. The kitchen is equipped with an integrated electric hob, fan oven, fridge freezer, dishwasher, and a washing machine dryer for added convenience. A breakfast bar area provides space for seating. The living room area accommodates a sofa and desk, leading out to the private balcony. The bedroom area is partitioned off from the living room, offering a sense of privacy. The contemporary shower room includes a walk in shower, w.c., hand basin, and a heated towel rail.

Location
The property is located 0.4 miles from Southall Station Elizabeth Line with links to Heathrow T4, Reading, Maidenhead and Abbey Wood.

Lease Information
RICS Full market value £255,000
Valuation expiry date 13 08 2024
Percentage for sale 25% £63,750
Rent £576.80 per month
Service charge £183.50 per month
Ground rent £100 per annum

Property ownership information

Tenure Shared ownership

Percentage share owned 25%

Additional monthly rent £576.80

Ground rent review period No review period

Service charge review period Every 1 year

Lease end date 01 01 2266

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller s , unless marked as draft . Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non refundable cost is £80 inc. VAT per offer. You ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.