1 bedroom apartment for sale
Canton House, Sherbrooke Way, KT4 8FN
Share percentage 50%, full price £300,000, £7,500 Min Deposit.
Share percentage 50%, full price £300,000, £7,500 Min Deposit
Monthly Cost: £1,416
Rent £382,
Service charge £198,
Mortgage £836*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Worcester Park, Surrey
Description
Modern & cosy one-bedroom apartment now available in Worcester Park, South London, through Shared Ownership.
The property comprises a wide living room, an open-plan fitted kitchen, and a good-sized bedroom. This could be ideal for a couple or a single person.
The flat is on the ground floor, and it has allocated parking space.
Lease disclaimer: The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Available for £150,000 for 50% share based on the marketing figure of £300,000.
Monthly rent - £381.75
Monthly Service Charge - £198.24
Total Monthly Charge - £579.99 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is located just a mile away from Worcester Park town centre and the railway station, where the train can reach Central London in less than an hour.
The building sits in a tranquil residential area surrounded by parks, such as the Mayflower Park Wetlands or Morden Park.
All local amenities are close by, and there's also a hospital within walking distance.
EPC ratingEnergy rating band - C
Environmental impact band - B
Gross internal floor area: 50 m²
Living room & kitchen: 7.74 x 3.35 m
Bedroom: 3.99 x 2.90 m
Years remaining on lease: 976
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
- One-bedroom apartment
- Ground floor
- Great transport links
- Close to hospital
- Available for 50% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 50%, full price £300,000, £7,500 Min Deposit. Calculated using a representative rate of 5.03%
