Share percentage 25%, full price £675,000, £16,875 Min Deposit.
Monthly Cost: £1,762
Rent £567,
Service charge £343,
Mortgage £852*
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 when eligible to purchase.
· 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.
· To purchase this 25% minimum share you will need a minimum joint household income of £59424 and available savings of £8438 for a 5% mortgage deposit.
Summary
Well-presented 1 bedroom apartment based on the 10th floor of the Spectacular Riverlight Quay
Description
Highly desired 10th floor apartment located in the heart of Wandsworth.
This property is designed to a high spec, with an ultra-contemporary feel.
The large open plan kitchen & lounge is light and airy, providing a great space for entertaining.
The angled balcony provides exceptional views of the developments communal space.
This property benefits from a large master bedroom with a superb amount of storage.
The Bathroom is fully tiled and ideal for relaxing.
This development contains a resident only Communal Garden ideal for relaxing strolls
Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail [email protected] for the vendors details.
If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy to [email protected]
Application forms need to be returned to Southern Housing ASAP as it is now first come first serve basis
Please note though that if a high volume of applications is received, the deadline might be brought forward.
*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.
Key Features
Close to local amenities and shops.
Short walk from Nine elms
There are restaurants and amenities in the new Battersea Power Station development, alongside coffee shops and supermarkets in Riverlight Quay development and the Embassy Gardens’ development 3 minutes walk.
There is also an onsite nursery at Riverlight Quay development and excellent schools available in the area including “outstanding’ Chesterton Primary School and nearby well known independent Thomas’s Battersea.
Transport
Battersea Power Underground Station
0.3 miles
Nine Elms Station
0.4 miles
Pimlico Station
0.5 miles
Schools
St Gabriel's CofE Primary School
State School
Ofsted: Good
0.3 miles
St George's CofE Primary School
State School
Ofsted: Good
0.4 miles
Churchill Gardens Primary Academy
State School
Ofsted: Good
0.4 miles
Pimlico Primary
State School
Ofsted: Outstanding
0.4 miles
Particulars
Tenure: Leasehold
Lease Length: 113 years
Council Tax Band: E
Property Downloads
Floor Plan BrochureMap
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 £675,000, £16,875 Min Deposit. Calculated using a representative rate of 4.59%
.pdf "Floor Plan")