1 bedroom apartment for sale

Available

Riverlight Quay, Battersea, SW11 8EA

£181,250 · Shared Ownership Resale

Share percentage 25%, full price £725,000, £9,063 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Garden
Parking
£181,250 Shared Ownership Resale · Eligibility Eligibility

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

£
Eligibility

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
Battersea Power Station (0.21 miles) Battersea Park (0.51 miles) Queenstown Road (0.59 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.

£181,250
Shared Ownership Resale
Estimated Monthly Cost:£1,963
Rent £605
Service Charge £348
Mortgage £1,010

Share percentage 25%, full price £725,000, £9,063 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.