Property photos
Leasehold
£275,000
1 bed flat for sale
Edmunds House, Colonial Drive, London W41 bed
1 bath
1 reception
Local area information
Property location
Nearby amenities
- Chiswick Park 0.1 miles
- Belmont Primary School 0.3 miles
- Gunnersbury 0.3 miles
- Heathfield House School 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Grove Park, Chiswick and Acton to find out more about the local area.
Features and description
- Leasehold
- Guideline Income £87.2k 25% deposit (dual) £84.4k 45% deposit (single)
- Top Floor (fifth - building has a lift)
- Approx. 720 Sqft Gross Internal Area
- South/South-West Facing
- Wrap-Around Balcony
- Overlooks Gunnersbury Triangle Nature Reserve
- Minutes from Chiswick Park Station
Shared ownership (Advertised price represents 50% share. Full market value £550,000). A great chance to buy an impressive and exceptionally-spacious shared-ownership apartment. The property is on the top floor and has a large, triangular reception room with open-plan kitchen area and full-height, south and south-west-facing windows. A sliding door leads out onto a wrap-around balcony that overlooks the adjacent nature reserve. There is a built-in wardrobe in the bedroom, a pair of storage/utility cupboards in the entrance hallway and a bathroom with decorative pencil mosaic tiles. Well insulated walls and roof, high performance glazing and a communal heating and hot water system make for a very good energy-efficiency rating. Edmunds House forms part of a modern development between Chiswick Park Station (District line) and the footbridge leading to Chiswick Business Park. The shops and other amenities of Chiswick High Road are also just a short walk away.
Interested parties are required to complete the shared ownership common application form
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(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/05/2014).
Minimum Share: 50% (£275,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £728.17 per month (subject to annual review).
Service Charge: £442.72 per month (includes heating and hot water, figure subject to annual review).
Ground Rent: £200.00 for the year.
Guideline Minimum Income: Dual - £87,200 (based on minimum share and a 25% deposit) Single - £84,400 (based on minimum share and a 45% deposit).
Council Tax: Band D, London Borough of Ealing. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Fifth Floor
Entrance Hallway
Reception
26' 0" x 22' 3" max. (7.92m x 6.78m)
Kitchen
included in reception measurement
Bedroom
12' 5" x 11' 0" (3.78m x 3.35m)
Bathroom
Wrap-Around Balcony
Interested parties are required to complete the shared ownership common application form
[]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/05/2014).
Minimum Share: 50% (£275,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £728.17 per month (subject to annual review).
Service Charge: £442.72 per month (includes heating and hot water, figure subject to annual review).
Ground Rent: £200.00 for the year.
Guideline Minimum Income: Dual - £87,200 (based on minimum share and a 25% deposit) Single - £84,400 (based on minimum share and a 45% deposit).
Council Tax: Band D, London Borough of Ealing. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Fifth Floor
Entrance Hallway
Reception
26' 0" x 22' 3" max. (7.92m x 6.78m)
Kitchen
included in reception measurement
Bedroom
12' 5" x 11' 0" (3.78m x 3.35m)
Bathroom
Wrap-Around Balcony
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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Listed by
Urban Moves
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