1 bedroom apartment for sale
Riverlight Quay, Battersea, SW11 8EA
Share percentage 25%, full price £725,000, £9,063 Min Deposit.
Share percentage 25%, full price £725,000, £9,063 Min Deposit.
Monthly Cost: £1,963
Rent £605,
Service charge £348,
Mortgage £1,010*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
· Register your interest (pink button on the right)
· Have a passed initial financial assessment with one of the below companies:
SRC Mortgage Solutions (https://www.srcmortgagesolutions.com/)
TMP The Mortgage People (tmpmortgages.co.uk)
· You have a gross household income of no more than £80000 per annum when eligible to purchase.
· You are unable to purchase a suitable home to meet your housing needs on the open market.
· You do not already own a home, or you will have sold your current home before you purchase or rent.
· To purchase this 25% minimum share you will need a minimum joint household income of £67,530 and available savings of £9,063 for a 5% mortgage deposit.
Summary
Southern Housing are delighted to offer this 1 bedroom, 1 bath flat ar Riverlight quay
Description
Features and Description: 1 bedroom, 1 bathroom and winter garden with river views, Battersea
Power Station within a 5 minute walk. 24 hour concierge, and private parking rental spaces available within the complex.
A 1 bedroom, 1 bathroom apartment with winter garden is set over approximately 576 sq ft
on the 9 floor of the river facing side of the building.
EPC Rating: B - 84
Council: Wandsworth Council
Council tax band: F
Size of property: approx 576 sq ft/53.5 sq m.
Key Features
Riverlight Quay is perfectly located for transport links, 200 metres or 4 minute walk to the new Battersea Power Station underground, and Vauxhall underground/overground Station within an 8 minute walk. For other overground stations, both Queenstown road and Battersea Park station are also within 8 minutes.
The historical Grade II listed Battersea Power Station nearby is newly regenerated to include a community of homes, shops, bars, restaurants, cafes, cinema, and over 19 acres of public space, all within walking distance of the property. Battersea park is also a 10 minute walk away.
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: F
Map
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 25%, full price £725,000, £9,063 Min Deposit. Calculated using a representative rate of 5.03%