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Area statsShared ownership
£103,7501 bedroom apartment for sale
Elmfield Way, London
Chain-free
Apartment
1 bed
1 bath
Key information
Tenure: Leasehold | unconfirmed share | 101 yrs left
Service charge: £2,096.28 per annum
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
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Features and description
- Modern shared ownership apartment
- First floor
- Spacious double bedroom
- Large bright reception room
- Separate kitchen
- Communal gardens
- Allocated parking
- No onward chain
Positioned in the heart of Maida Vale, this apartment presents an exceptional opportunity to acquire a well-appointed residence in one of West London’s most desirable postcodes.
This attractive apartment offers a bright and well-proportioned layout, designed to maximise natural light and functional living space. The reception room provides a comfortable setting for both everyday living and entertaining, complemented by large windows that enhance the sense of openness. The kitchen is thoughtfully arranged with ample storage and workspace, creating a practical yet stylish culinary environment.
The bedroom accommodation is generously sized, offering a calm and private retreat, while the bathroom is finished in a clean, contemporary style. Throughout, the property benefits from a neutral décor, allowing prospective purchasers to personalise the interior to their taste.
There is an allocated underground car parking space
Fazeley Court is a well-maintained residential building, set within a quiet enclave yet moments from the vibrant amenities of Maida Vale and neighbouring Little Venice. Residents enjoy convenient access to local cafés, boutique shops, and green open spaces, as well as excellent transport connections into Central London via nearby Underground stations and bus routes.
PRICING & AFFORDABILITY
Full Market Value: £415,000
25% Share Price: £103,750 (rent £801.90 pcm)
Minimum 5% Mortgage Deposit (25% share): £5187.50
Approximate Service Charges: £174.69 pcm*
Lease: 101 years
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
* This home can also be purchased outright (100% of the value) which is £415,000 and a purchaser would not need to meet the eligibility criteria listed above.
This attractive apartment offers a bright and well-proportioned layout, designed to maximise natural light and functional living space. The reception room provides a comfortable setting for both everyday living and entertaining, complemented by large windows that enhance the sense of openness. The kitchen is thoughtfully arranged with ample storage and workspace, creating a practical yet stylish culinary environment.
The bedroom accommodation is generously sized, offering a calm and private retreat, while the bathroom is finished in a clean, contemporary style. Throughout, the property benefits from a neutral décor, allowing prospective purchasers to personalise the interior to their taste.
There is an allocated underground car parking space
Fazeley Court is a well-maintained residential building, set within a quiet enclave yet moments from the vibrant amenities of Maida Vale and neighbouring Little Venice. Residents enjoy convenient access to local cafés, boutique shops, and green open spaces, as well as excellent transport connections into Central London via nearby Underground stations and bus routes.
PRICING & AFFORDABILITY
Full Market Value: £415,000
25% Share Price: £103,750 (rent £801.90 pcm)
Minimum 5% Mortgage Deposit (25% share): £5187.50
Approximate Service Charges: £174.69 pcm*
Lease: 101 years
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
* This home can also be purchased outright (100% of the value) which is £415,000 and a purchaser would not need to meet the eligibility criteria listed above.
Area statistics
Crime score
High crime
10/10
Home prices (average)
1 bedroom apartments
£509,178
£509,178
About this agent
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.