1 bedroom apartment for sale
Greenacres House, 32 Knaresborough Drive, SW18 4FA
Share percentage 50%, full price £460,000, £11,500 Min Deposit.
Share percentage 50%, full price £460,000, £11,500 Min Deposit.
Monthly Cost: £1,767
Rent £260,
Service charge £226,
Mortgage £1,281*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Wandsworth, London
Description
This vibrant, modern, well-decorated one-bedroom apartment in Wandsworth is now available through Shared Ownership.
This first-floor apartment comprises an entrance hall with fitted storage and utility cupboards, a spacious living room with a modern open-plan kitchen and fitted appliances, a large bedroom with fitted wardrobes, a bathroom, and a large balcony directly overlooking King George’s Park.
The property also benefits from underfloor heating, zip car hire parking spaces, and access to communal areas, including secure bike storage. Perfect for couples or a single person.
Available for £230,000 for 50% share based on the marketing figure of £460,000.
Monthly rent - £259.62
Monthly Service Charge - £226.42
Total Monthly Charge - £486.04 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is located close to Wandsworth Town centre, less than a 10-minute walk from Earlsfield railway station, and is well-served by excellent restaurants, bars, and shopping facilities all within walking distance.
With King George's Park on the doorstep, many leisure facilities, including gyms, tennis courts, and the Wandle Trail, are nearby.
The nearest transport links are Earlsfield Train station (0.4m) and Southfields Tube Station (0.7m). Waterloo and Victoria stations can be reached within 15 minutes from Earlsfield station.
Despite its proximity to central London, the property is in a tranquil area with stunning views directly overlooking King George’s Park.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 115
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
- Large private balcony
- Excellent travel links
- Available for 50% share
- 5% minimum deposit only
- No onward chain
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 £460,000, £11,500 Min Deposit. Calculated using a representative rate of 5.03%
