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£125,000
A 2 bed shared ownership property available in Wandsworth, London
Spacious, modern two-bedroom first floor in Wandsworth available for Shared Ownership. This property comprises the master bedroom with en-suite and built-in wardrobe, secondary double bedroom, private entrance hall with storage, bathroom with WC, living room, and kitchen with appliances. Also benefits allocated parking.
Minimum income required: £53,501
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £125,000 for 25% share based on the marketing figure of £500,000.
Monthly rent - £960.19
Monthly Service Charge - £197.04
Total Monthly Charge - £1,157.23 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is off the main road in a quiet location in central Wandsworth within walking distance to many local amenities including Sainsbury's, cinema, and pubs and bars. King George Park is a beautiful park with ornamental gardens, an ecology site, a lake and riverside walk, A play area, and an adventure playground, all just a just short from the apartment. There are also bus services available just a 1 minute's walk away from the property including night buses.
EPC ratingEnergy Rating Band - C
Environmental Impact Band - C
Years remaining on lease: 108
In certain cases, 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.
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