1 bedroom apartment for sale

Available

Time House, 71 Plough Road, SW11 2BL

£247,000 · Shared Ownership Resale

Share percentage 65%, full price £380,000, £12,350 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£247,000 Shared Ownership Resale

Share percentage 65%, full price £380,000, £12,350 Min Deposit.

Monthly Cost: £1,988
Rent £428, Service charge £152, Mortgage £1,408*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Summary

A 1 bed shared ownership property available in Battersea, London

Description

Modern, bright, and spacious fourth-floor one-bedroom apartment now available in Wandsworth,London, through Shared Ownership.

The property comprises a wide living room with access to a private balcony, an open-plan fitted kitchen, and a good-sized bedroom withsignificant wardrobe space designed with drawers, shelves and hanging space.

Available for £247,000 for 65% share based on the marketing figure of £380,000.

Monthly rent - £427.96
Monthly Service Charge - £151.51
Total Monthly Charge - £579.47 plus mortgage required for 65% share.

An annual rent increase takes place every April

Location

The property is conveniently located near Clapham Junction, providing easy access to London Victoria, London Waterloo, Wimbledon, Shepherd's Bush, Gatwick Airport, and Brighton. Local amenities, including bars and restaurants, are just a 5-10 minute walk away. The Thames Path is also nearby, offering a scenic route to Central London or South West London. Battersea Power Station and Battersea Park are within a 30-minute walk or a short bus or bike ride. Multiple schools are within walking distance as well.

EPC rating

Energy rating band - B
Environmental impact band - B

Layout and dimensions

Gross internal floor area: 47 m²
Living room & kitchen: 7.34 x 2.36 m
Bedroom: 5.00 x 3.45 m

Lease information

Years remaining on lease: 116

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
  • Modern building (2008)
  • Private balcony
  • Great transport links
  • Available for 65% share
  • 5% minimum deposit only
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Clapham Junction (0.26 miles) Wandsworth Town (0.54 miles) Imperial Wharf (0.81 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.

£247,000
Shared Ownership Resale
Estimated Monthly Cost:£1,988
Rent £428
Service Charge £152
Mortgage £1,408

Share percentage 65%, full price £380,000, £12,350 Min Deposit. Calculated using a representative rate of 5.26%


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.