1 bedroom apartment for sale
Spectra Apartments, 2 Spectrum Way, SW18 4GE
Share percentage 70%, full price £380,000, £26,600 Min Deposit.
Share percentage 70%, full price £380,000, £26,600 Min Deposit.
Monthly Cost: £2,010
Rent £363,
Service charge £297,
Mortgage £1,350*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- 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.
- You will need to have a local connection by either residing or working within the Wandsworth Borough.
Summary
Spacious 1 Bed Apartment - Fully Fitted Bathroom and Kitchen - Private Terrace - AV door porter entry system - Hyperoptic Fibre broadband - Newly laid wood laminated flooring
Description
Octavia is pleased to present this One bedroom Ground floor shared ownership apartment in Wandsworth. The apartment is contained in a four storey modern purpose built block which was constructed in 2014.
A bright, airy and spacious one bedroom apartment situated within a modern development on a quiet one-way road. You enter the hallway which takes you to the large living room which has enough space to create that homely feel. You can comfortably fit a sofa along with other furniture to give it your own personlised touch. When the sun is shining, the room lights up due to the large windows. As you exit the living room you can then enter the fully fitted kitchen which has a large 'L' shaped service area with an electric hob and oven. Once you leave the living room, to your right you can find the double Master bedroom providing plenty of space for a double bed and free standing cupboards or draws. There are two windows that provide natural light into the bedroom. The bathroom is large with a bath/shower, sink, heated towel rail and ceiling extractor fan. The apartment has a large utility storage cupboard containing the washing machine, and another which is currently used for storage. This is a well maintained flat, in excellent condition. There is wood flooring throughout the property apart from the carpeted bedroom. At the front of the property, you find the paved open balcony with glazed infill panels and a metallic handrail which can easily fit four people. There are also communal areas for you to use.
The property is located in an established residential location with good local, multiple shopping facilities and amenities provided around Wandsworth Southside Shopping Centre. If you are particularly active, King George's Park is just a short walk away or little bit further you can find Wandsworth Common. If you enjoy cycling you have access to a secure communal bike store which can be found in the underground carpark. There is also a good range of primary and secondary schools in the area.
Other lucrative benefits in this property consist of a 24 hour concierge, who deals with all building related issues and receives parcel deliveries 24/7. An AV door porter entry system. There is also access to two lifts. You are also offered Hyperoptic Fibre broadband in this building.
Transport links
Located within easy reach of central London, Wandsworth's transport connections are enviable. Having the choice of East Putney underground station which is situated on the District Line or two National Rail lines (Wandsworth Town and Earlsfield) which are a 10 minute walk away. You also have access to a number of bus stops where you can get to Clapham Junction in 10 minutes which gives you further national rail access.
Viewing
This property is available to view immediately, please register your interest on the share to buy website and we will be in touch to arrange a viewing.
For a virtual tour please cut and paste the link to your browser:https://vr.photoplan360.com/bee8669f-8050-489c-84fd-824edbf294ee/6fa276b3-27a7-49b2-8eb0-a81c9c0030c8?type=compact
Key Features
Size: approximately: 517sq ft. or 48 sq m.
Monthly Rent:£362.86
Service Charge:£297.13
Parking:Not Included
Length of Lease:125 years from 5th July 2012
EWS1: B1
For a virtual tour please cut and paste the link to your browser: https://vr.photoplan360.com/bee8669f-8050-489c-84fd-824edbf294ee/6fa276b3-27a7-49b2-8eb0-a81c9c0030c8?type=compact
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: D
Property Downloads
Floor Plan Energy CertificateVirtual Tour
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 70%, full price £380,000, £26,600 Min Deposit. Calculated using a representative rate of 4.64%