1 bedroom apartment for sale
Sycamore Lodge, 72 Heathfield Square, SW18 3HZ
Share percentage 25%, full price £405,000, £10,125 Min Deposit.
Share percentage 25%, full price £405,000, £10,125 Min Deposit.
Monthly Cost: £1,552
Rent £887,
Service charge £154,
Mortgage £511*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Southern Housing are delighted to offer for sale this well-presented 2nd Floor one bedroom apartment in Wandsworth.
Description
The current market value is £405,000 for 100%. The minimum 25% share available is priced at £101,250, current rent payable £886.81 pcm, rent is subject to annual reviews. Service charges are currently £153.85 pcm.
Viewings by appointment only. Before viewing the property you are required to complete an initial financial assessment. Please register your interest and further information will be sent to you.
Local information
The subject property is situated within South West London. The property is situated within a two storey block. The property is within close proximity to all local amenities.
Earlsfield Train station is 0.7 miles is a 13 min Approx. walk away with South Western trains to Wimbledon and to Central London.
Clapham Junction Train Station is approximately 1.5 miles can be reached by walking in around 25 minutes. Clapham provides National Rail Services to London Victoria, London Waterloo, Stratford, East Croydon and many more places.
Local buses are within walking distance.
The nearest green space is Godley Park and Gardens is a 10 min Approx. walk away and Wandsworth Common is a 14 min Approx. walk way.
Key Features
Lease term 125 years from 2019
EPC rating B84
Features
A one bedroom / one bathroom second floor purpose built modern
apartment built circa 2019.
Description:
A one bedroom purpose built apartment. The property is presented in good condition and benefits from a balcony and allocated parking.
Accommodation:
Entrance hallway – 3.6m x 1.2m
Kitchen & Lounge – 7.0m x 4.2m
Bedroom 1 – 3.5m x 3.0m
Bathroom W/C – 2.0m x 1.9m
Gross Internal Floor Area:
50 m2
Particulars
Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: C
Property Downloads
Key Information Document Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £405,000, £10,125 Min Deposit. Calculated using a representative rate of 4.59%