1 bedroom apartment for sale
Upper Richmond Road, 43 Upper Richmond Road, SW15 2RF
Share percentage 50%, full price £400,000, £10,000 Min Deposit.
Share percentage 50%, full price £400,000, £10,000 Min Deposit.
Monthly Cost: £1,667
Rent £409,
Service charge £144,
Mortgage £1,114*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Putney, London
Description
This vibrant, well-decorated, traditional one-bedroom apartment is now available in Putney through Shared Ownership.
The property on the first floor comprises an entrance hallway, a living room, a spacious kitchen, one bedroom, and a bathroom with off street parking. Perfect for couples or a single person.
Available for £200,000 for 50% share based on the marketing figure of £400,000.
Monthly rent - £409.15
Monthly Service Charge - £144.21
Total Monthly Charge - £553.36 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThis property is located in a residential area in Putney One can benefit from great travel links. East Putney underground station is a 7-minute walk from the apartment. From East Putney Station, one can be in Waterloo station in 30 minutes. Which is perfect for commuters.
There are various supermarkets, shops and restaurants close by. Making Putney the perfect place to live.
EPC ratingEnergy rating band - D
Environmental impact band - C
Gross internal floor area: 52 m²
Living room: 5.23 x 3.00 m
Kitchen: 5.18 x 3.33 m
Bedroom 1: 5.31 x 2.16 m
Years remaining on lease: 157
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.
Other informationThe advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Key Features
- One bedroom apartment
- Spacious kitchen
- Close to local amenities
- Great travel links
- Available for 50% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 £400,000, £10,000 Min Deposit. Calculated using a representative rate of 5.03%
