1 bedroom apartment for sale

Under Offer

Chenille Court, Hackbridge Road, SM6 7BF

£137,500 · Shared Ownership Resale

Share percentage 50%, full price £275,000, £6,875 Min Deposit.

Under Offer
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£137,500 Shared Ownership Resale

Share percentage 50%, full price £275,000, £6,875 Min Deposit.

Monthly Cost: £1,262
Rent £366, Service charge £130, Mortgage £766*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Summary

A 1 bed shared ownership property available in Wallington, Sutton

Description

Bright and modern one-bedroom apartment in Wallington, London, available through Shared Ownership. This second-floor apartment comprises an entrance hall with a storage cupboard, an open-plan kitchen and reception room, a large bedroom, and a bathroom with WC. The property also benefits from a private balcony accessed via the reception room and an entryphone system.

Available for £137,500 for 50% share based on the marketing figure of £275,000.

Monthly rent - £365.73
Monthly Service Charge - £130.40
Total Monthly Charge - £496.13 plus mortgage required for 50% share.

An annual rent increase takes place every April

Location

Hackbridge Primary School is less than 5 minutes walk away alongside a Saintsbury's local right next to that, with a newly built Lidl supermarket near to the middle square of the New Mill Quarter development.

There is a bus stop on the main road approx. 2 minute walk from the flat connecting surrounding towns, with a further train station being about a 6 minute walk from the building great connections to London Victoria.

EPC rating

Energy Rating Band - B
Environmental Impact Band - B

Layout and dimensions

Ground Floor:
Communal entrance, lobby, stairs

Second Floor:
Entrance hall, two bedrooms, open plan living room/kitchen, bathroom / WC

Outside:
The development incorporates a secure enclosed courtyard with gated access

Lease information

Years remaining on lease: 119

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.

Key Features
  • One-bedroom apartment
  • Second Floor
  • Private balcony
  • Secure entry phone system
  • Secure enclosed courtyard
  • 5% Deposit
  • Close to Hackbridge Station
  • Available for 50% share
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Hackbridge (0.32 miles) Carshalton (0.70 miles) Wallington (0.91 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£137,500
Shared Ownership Resale
Estimated Monthly Cost:£1,262
Rent £366
Service Charge £130
Mortgage £766

Share percentage 50%, full price £275,000, £6,875 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.