1 bedroom apartment for sale
Queen Marys House, 1 Holford Way, SW15 5DH
Share percentage 25%, full price £325,000, £8,125 Min Deposit.
Share percentage 25%, full price £325,000, £8,125 Min Deposit.
Monthly Cost: £1,325
Rent £708,
Service charge £207,
Mortgage £410*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £43,318. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £8,125. Total approximate savings required £12,125.
Important borough specific eligibility criteria
Wandsworth
Wandsworth will only accept applicants who have registered with Wandsworth Home Ownership and have been granted a reference number
You will not be able to book a viewing for this resale property unless you can provide your Wandsworth reference number. This property will only be allocated to registered applicants for a minimum of eight weeks.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Second floor one-bedroom apartment in Wandsworth available through Shared Ownership 25% at £81,250, Full Value £325,000
Description
Second Floor
- Entrance Hall
- Open plan kitchen / living room
- Bedrooms
- Bathroom with W.C.
External
- Communal gardens
- Grounds
- Bicycle store
GIA
- 44 sqm
Lease
- 108 years remaining
EPC
- B
Key Features
Transport
- Barnes(1.02 miles)
- Putney (1.22 miles)
- East Putney (1.38 miles)
Particulars
Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: Not specified
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 £325,000, £8,125 Min Deposit. Calculated using a representative rate of 4.59%
