1 bedroom apartment for sale
6 Chapel Yard, SW18 4LX
Share percentage 45%, full price £400,000, £18,000 Min Deposit.
Share percentage 45%, full price £400,000, £18,000 Min Deposit.
Monthly Cost: £1,644
Rent £425,
Service charge £310,
Mortgage £909*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £56,132. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £18,000 Total approximate savings required £22,000
Important borough specific eligibility criteria
Wandsworth
Wandsworth will only accept applicants who have registered with Wandsworth Home Ownership and have been granted a reference number. You will not be able to book a viewing for this resale property unless you can provide your Wandsworth reference number. This property will only be allocated to registered applicants for a minimum of eight weeks.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Third Floor One Bedroom In London Borough of Wandsworth Available Through Shared Ownership - 45% Share £180,000 - Full Market Value £400,000
Description
Ground Floor
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Entryphone system
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Entrance Hallway
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Passenger lift
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Stairwell
Third Floor
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Double Bedroom
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Kitchen/living roomwith double doors to Juliette balcony
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Hallway with storage
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Bathroom with WC, full bath and shower
External
Juliette balcony
GIA
50 Sqm
EPC rating
B
Length of lease
110 Years Remaining
Key Features
Local Transport
East Putney - 0.7 mile
Wandsworth Town - 0.6 mile
Particulars
Tenure: Leasehold
Lease Length: 110 years
Council Tax Band: D
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 45%, full price £400,000, £18,000 Min Deposit. Calculated using a representative rate of 4.59%
