Hannay House, SW15 3PD

Shared Ownership

Full Market Value: £500,000

Share Value (35%): £175,000

Monthly Rent: £676.02

Service Charge: £214.84

Council Tax Band: E

990 year lease commenced March 2007 - 973 years remaining

EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

L&Q welcomes you to view this two bedroom, second floor apartment.

Thisbright andspacioustwo bedroom apartment consistsof aopen-plan kitchen and living area. The kitchen is fitted with beech wall and base units and a granite effect worktop. Spacious main double bedroom. Bright and airy second double bedroom with built in wardrobes. The bathroom comes complete with a white three-piece suite with a shower over bath. Additional double storage cupboards in hallway.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Situated in a contemporary development on the boarders of Putney, you are spoilt for choice for entertainment and leisure in this stylish part of London.

Putney High Street is within 1.2 miles and offers a variety of shops, bars and restaurants for many needs. It also offers the Putney Exchange shopping centre and multi screen Odeon cinema. Wandsworth High Street, also within 1.2 miles offers yet a different scene again with its Southside complex offering shops, bars and another cinema. This vibrant area is surrounded by a vast array parks and outdoor spaces, including Wandsworth Park, Wimbledon Common, Putney Heath and King George's Park.

East Putney (district line) is within 0.9 miles and offers the convenience of the London underground network. Putney rail station is within 1 mile which will take you to London Victoria in a scheduled time of 25 minutes with one interchange. By road, the A3, M3 and M25 all offer access to the South of England. For access around the South of London, the South Circular is within 0.4 miles.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £66,326. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.comand register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of May 2024.