1 Bed Apartment For Sale

Shared Ownership

This superb modern home is available to buy from as little as £152,500 with a 50% share!

Discover this bright and contemporary one-bedroom apartment set within the sought-after Fairbanks House development on Samuelson Place, Isleworth. Located on the second floor, the property offers a well-designed layout that combines comfort, style, and modern living. A generous open-plan kitchen and reception room forms the heart of the home, providing an inviting space for relaxing, dining, and entertaining. Large windows and direct access to a private balcony create a wonderful sense of openness and natural light, making it an ideal spot to unwind.
The spacious double bedroom is positioned for privacy and tranquillity, while the well-appointed bathroom and a welcoming entrance hall complete the accommodation. Thoughtfully designed storage and a practical layout enhance everyday convenience.

Samuelson Place enjoys a prime position in Isleworth, offering a blend of leafy residential charm and urban convenience. Residents benefit from nearby independent cafés, supermarkets, riverside walks, and the vibrant amenities of both Isleworth and neighbouring St Margarets and Richmond. Excellent transport connections include Isleworth and Syon Lane stations, providing swift access into London Waterloo, while multiple bus routes link easily to Hounslow, Chiswick, and Richmond. The A4 and M4 are also within easy reach for those travelling by car. With parks, gyms, and local schools close by, this location offers an appealing balance of convenience, connectivity, and community.


PRICING & AFFORDABILITY

Full Market Value: £250,000

50% Share Price: £152,500 (rent £494.88 pcm)
Minimum 5% Mortgage Deposit (% share): £7,625
Approximate Service Charges: £133 pcm*
Lease: 118 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 £305,000 and a purchaser would not need to meet the eligibility criteria listed above.