2 bedroom apartment for sale

Available

Devonshire House, 50 Putney Hill, Putney, SW15 6DJ

£158,750 · Shared Ownership Resale

Share percentage 25%, full price £635,000, £15,875 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Communal Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£158,750 Shared Ownership Resale

Share percentage 25%, full price £635,000, £15,875 Min Deposit.

Monthly Cost: £2,282
Rent £1,097, Service charge £379, Mortgage £806*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership Basis

Description

This smartly-presented, second-floor apartment has atwenty-foot reception room with open-plan kitchen area featuring sleek, white units. The main bedroom includes a fitted, mirror-fronted wardrobe and en-suite shower room. There is also a second, comfortable, double bedroom, a stylish bathroom and some useful built-in hallway storage space. Devonshire House is part of a modern development just minutes from Putney Station (National Rail - towards Clapham Junction/Waterloo) and East Putney (District line). North is Putney High Street and the Thames, to the South, the green spaces of Putney Heath and only slightly further away, Wimbledon Common and Richmond Park. The block is built to high standards of energy-efficiency and features a communal heating and hot water system. There is an attractive, neatly-tended communal garden, a concierge, residents' gym and communal roof terrace.

SHARED OWNERSHIP(Advertised price represents 25% share. Full market value £635,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/y65hp46n]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: A2Dominion.
Tenure: Leasehold (155 years from 01/01/2011).
Minimum Share: 25% (£158,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £1096.70 per month (subject to annual review).
Service Charge: £379.18 per month (subject to annual review).
Guideline Minimum Income: Dual - £83,100 (based on minimum share and 10% deposit) | Single - £89,000 (based on minimum share and 25% deposit).
Council Tax: Band F, London Borough of Wandsworth. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.

Key Features
  • Guide Min Dual Income £83.1k with 10% deposit (£15,875)
  • Guide Min Single Income £89k with 25% deposit (£39,688)
  • Second Floor (building has a lift)
  • Approx. 690 Sqft Gross Internal Area
  • Bathroom plus En-Suite Shower Room
  • Concierge Service and Residents' Gym
  • Communal Garden and Roof Terrace
  • Minutes from Putney/East Putney Stations
Particulars

Tenure: Leasehold
Lease Length: 142 years
Council Tax Band: F

Property Downloads
Floor Plan Brochure
Map
Putney (0.27 miles) East Putney (0.30 miles) Putney Bridge (0.82 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.

£158,750
Shared Ownership Resale
Estimated Monthly Cost:£2,282
Rent £1,097
Service Charge £379
Mortgage £806

Share percentage 25%, full price £635,000, £15,875 Min Deposit. Calculated using a representative rate of 4.64%


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.