2 bedroom apartment for sale

Under Offer

Mitford Court, St Georges Grove, SW17 0FZ

£135,000 · Shared Ownership Resale

Share percentage 30%, full price £450,000, £6,750 Min Deposit.

Under Offer
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£135,000 Shared Ownership Resale

Share percentage 30%, full price £450,000, £6,750 Min Deposit.

Monthly Cost: £1,776
Rent £802, Service charge £222, Mortgage £752*

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

This bright, modern, spacious two-bedroom apartment is now available in Wandsworth through Shared Ownership.

The property, on the first floor, comprises an entrance hall, reception room, dining room with a modern open-plan kitchen, two bedrooms, and a bathroom.

There are communal spaces outside the property, including bike stores and allocated parking spaces. This is ideal for couples or small families.

Available for £135,000 for 30% share based on the marketing figure of £450,000.

Monthly rent - £801.70
Monthly Service Charge - £222.02
Total Monthly Charge - £1,023.72 plus mortgage required for 30% share.

An annual rent increase takes place every April

Location

The property is situated within the St George's Grove development between Earlsfield and Tooting.

All local amenities are nearby, including a convenient supermarket on the ground floor of the building.

There are several train stations all around the area, with Northern Line and District Line available, as well as railway lines. London Waterloo can be reached in about half an hour.

EPC rating

Energy rating band - C
Environmental impact band - C

Layout and dimensions

Gross internal floor area: 78 m²
Dining room & kitchen: 6.35 x 6.10 m
Reception room: 3.48 x 2.41 m
Bedroom 1: 3.86 x 3.73 m
Bedroom 2: 3.76 x 3.43 m

Lease information

Years remaining on lease: 86

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 kitchen
  • Allocated parking
  • Great travel links
  • Available for 30% share
  • 5% minimum deposit only
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Earlsfield (0.63 miles) Tooting Broadway (0.70 miles) Tooting Bec (0.73 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.

£135,000
Shared Ownership Resale
Estimated Monthly Cost:£1,776
Rent £802
Service Charge £222
Mortgage £752

Share percentage 30%, full price £450,000, £6,750 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.