1 bedroom apartment for sale
Braid Court, Twill Way, SM6 7EY
Share percentage 35%, full price £275,000, £4,813 Min Deposit.
Share percentage 35%, full price £275,000, £4,813 Min Deposit.
Monthly Cost: £1,144
Rent £469,
Service charge £139,
Mortgage £536*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Wallington, London
Description
Amodern, well-presented contemporary first-floor apartment in Wallington is available for sale through the Shared Ownership Scheme. The property comprises an open-plan living area, a modern Kitchen with an integratedoven, washing machine, and fridge,a large double bedroom, a bathroom with shower over bath,and a small storage room.The property also benefits from a private balcony.
KID Document
Available for £96,250 for 35% share based on the marketing figure of £275,000.
Monthly rent - £469.08
Monthly Service Charge - £138.51
Total Monthly Charge - £607.59 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property is situated in the southern-western part of London in a mainly residential area of good demand with a good level of local amenities such asSainsbury’sand Lidl supermarkets, Hackbridge Primary School, Beddington Park, and a local gym. The closest transport links are Hackbridge Station (200m),MitchamJunction (1.8m), Morden Tube Station (3km), and M25 (9.5m).
EPC ratingEnergy rating band - B
Environmental impact band - B
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
- First floor
- Close to local amenities
- Short walk to Hackbridge station
- Balcony
- Communal grounds
- 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 £275,000, £4,813 Min Deposit. Calculated using a representative rate of 5.03%
