2 bedroom apartment for sale
Sheen House, 87 Roehampton Lane, SW15 5FL
Share percentage 25%, full price £480,000, £12,000 Min Deposit.
Share percentage 25%, full price £480,000, £12,000 Min Deposit.
Monthly Cost: £1,490
Rent £592,
Service charge £289,
Mortgage £609*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You may be eligible for this property if:
· Register your interest (pink button on the right)
· Have a passed initial financial assessment with one of the below companies:
SRC Mortgage Solutions (https://www.srcmortgagesolutions.com/)
TMP The Mortgage People (tmpmortgages.co.uk)
Mortgage Advice Bureau | UK’s leading mortgage intermediary (https://www.mortgageadvicebureau.com)
· You have a gross household income of no more than £90000 per annum when eligible to purchase.
· Live or work in the borough
· You are unable to purchase a suitable home to meet your housing needs on the open market. (Shares cannot be purchased in cash unless you are unable to obtain a mortgage due to age or religious grounds)
· You do not already own a home, or you will have sold your current home before you purchase or rent.
· To purchase this 25% minimum share you will need a minimum joint household income of £53578 and available savings of £12000 for a 10% mortgage deposit.
Summary
Southern Housing are delighted to offer for sale this well-presented 2 bedroom 1st Floor Apartment at the highly sought after Sheen House
Description
Fantastic 2 bed property locate in the heart of south London.
This property is ideal for those wishing to get onto the London property market
· Entrance Hall
· Storage
· Reception Room, with door to Balcony
· Kitchen
· Two Bedrooms
· Storage
· Ensuite Bathroom
· Allocated Parking
· Lease Term: 125 years from and including 1 January 2013
· EPC Rating: C
· Council: Wandsworth
· Council tax band:E
· Floor size:67m2
Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail Sales.Services2@southernhousing.org.uk for the vendors details.
Once you have viewed the property, if you wish to apply, application form attached to the viewing email, need to be returned to Southern Housing by 10/06/24
Please note though that if a high volume of applications is received, the deadline might be brought forward.
*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.
Key Features
Short walking distance to shops, amenities, bars/restaurants & wide range of transport links
NEAREST STATIONS
Barnes Station
0.6 miles
Barnes Bridge Station
1.1 miles
Putney Station
1.2 mile
NEAREST SCHOOLS
Sacred Heart Catholic Primary School, Roehampton
State School
Ofsted: Good
0.1 miles
Roehampton University
Type: N/A
Rating: N/A
0.2 miles
Mosaic Jewish Primary School
State School
Ofsted: Outstanding
0.5 miles
Roehampton Gate School
Independent School
Ofsted: Good
0.4 miles
Particulars
Tenure: Leasehold
Lease Length: 12 years
Council Tax Band: E
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 £480,000, £12,000 Min Deposit. Calculated using a representative rate of 4.64%