2 bedroom apartment for sale
Moire Court, , SM6 7BL
Share percentage 35%, full price £340,000, £11,900 Min Deposit.
Share percentage 35%, full price £340,000, £11,900 Min Deposit.
Monthly Cost: £1,274
Rent £518,
Service charge £155,
Mortgage £601*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Wallington, London
Description
Modern and well-presented two-bedroom apartment in London available through Shared Ownership. This third-floor apartment comprises an entrance hall with a large storage cupboard, an open-plan kitchen and reception room, two bedrooms, and a family bathroom. The property also benefits from a balcony accessed via the reception room and underground allocated car parking space.
Minimum income required: £45,998
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £119,000 for 35% share based on the marketing figure of £340,000.
Monthly rent - £518.41
Monthly Service Charge - £155.37
Total Monthly Charge - £673.78 plus mortgage required for 35% share.
An annual rent increase takes place every April
Lease informationYears remaining on lease: 120
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
EPC ratingEnergy Rating Band - B
Environmental Impact Band - B
All room dimensions are approximate.
Please note figures given for the SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increase that takes place in April. Please contact us for more information.
Key Features
- Two bedrooms
- Third floor apartment
- Private balcony
- Underground allocated car parking space
- Fantastic condition
- Short walk to Hackbridge station
- Available for 35% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
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 35%, full price £340,000, £11,900 Min Deposit. Calculated using a representative rate of 4.59%
