2 bedroom apartment for sale

Under Offer

Time House, Plough Road, SW11 2BL

£280,500 · Shared Ownership Resale

Share percentage 55%, full price £510,000, £14,025 Min Deposit.

Under Offer
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£280,500 Shared Ownership Resale

Share percentage 55%, full price £510,000, £14,025 Min Deposit.

Monthly Cost: £2,344
Rent £624, Service charge £158, Mortgage £1,562*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Summary

A 2 bed shared ownership property available in Wandsworth, London

Description

Modern, bright, and spacious ground-floor two-bedroom apartment now available in Wandsworth, London, through Shared Ownership.

The property comprises a wide living room with access to a private garden, an open-plan fitted kitchen, and two good-sized bedrooms, one of them being ensuite. This could be ideal for a small family or couple.

The flat is part of a relatively newly built construction (circa 2008).

Available for £280,500 for 55% share based on the marketing figure of £510,000.

Monthly rent - £624.49
Monthly Service Charge - £157.83
Total Monthly Charge - £782.32 plus mortgage required for 55% share.

An annual rent increase takes place every April

Location

The property is placed in an extremely convenient location for travel and commuting. Clapham Junction is just around the corner, where the railway and overground are available. London Victoria, in Zone 1, can be reached in 7 minutes from there.

All local amenities are nearby, with more in Wandsworth town centre, which can be reached in 15-20 min on foot.

With its large Park and the newest shopping centre, Battersea is also quite close -- about 20 minutes with a direct bus.

Several schools are nearby, many of which are within walking distance.

EPC rating

Energy rating band - C
Environmental impact band - C

Layout and dimensions

Gross internal floor area: 68 m²
Living room & kitchen: 6.55 x 3.84 m
Bedroom 1: 5.23 x 2.79 m
Bedroom 2: 4.11 x 2.49 m
Garden: 4.42 m

Lease information

Years remaining on lease: 117

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.

Key Features
  • Two-bedroom apartment
  • Modern building (2008)
  • Ground floor
  • Private garden
  • Available for 55% share
  • 5% minimum deposit only
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Clapham Junction (0.26 miles) Wandsworth Town (0.54 miles) Imperial Wharf (0.81 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.

£280,500
Shared Ownership Resale
Estimated Monthly Cost:£2,344
Rent £624
Service Charge £158
Mortgage £1,562

Share percentage 55%, full price £510,000, £14,025 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.