1 bedroom apartment for sale
Spectra Apartments, 2 Spectrum Way, SW18 4GE
Share percentage 25%, full price £380,000, £4,750 Min Deposit.
Share percentage 25%, full price £380,000, £4,750 Min Deposit.
Monthly Cost: £1,616
Rent £778,
Service charge £297,
Mortgage £541*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
- Priority will be given to applicants living and/or working in the borough of Wandsworth however applications from outside the borough will be accepted.
Summary
1 Bedroom Shared Ownership Apartment
Description
Octavia is pleased to present this one bedroom, ground floor shared ownership apartment in Putney. The apartment is contained in a six storey purpose built block and is part of an exciting development, Putney Plaza, built in 2015.
General description
The apartment is arranged as entrance hallway with open-plan reception/living area, fully fitted kitchen with Electrolux appliances and dishwasher, part tiled bathroom with ceiling extractor and heated towel rail and a bedroom large enough to fit a king size bed.This well-presented apartment benefitsdouble glazing throughout, independent electric central heating / hot water system, hall utility and storage cupboards, wood flooring, suspended ceilings incorporating recessed downlighters and a private, south facing, outdoor patio. There is also access to a communal garden and 24 hour concierge service.
Location
The property is located in an established residential location with good local, multiple shopping facilities and amenities provided around Putney and Wandsworth. The Southside shopping centre in Wandsworth offers a large selection of high street shops, a large Waitrose, Sainsbury's and Cineworld multiplex cinema along with restaurants, cafes and leisure facilities.
Transport links
Located within easy reach of central London, Wandsworth's transport connections are enviable. Having the choice of East Putney underground station which is situated on the District Line or two National Rail lines (Wandsworth Town and Earlsfield) which are a 10 minute walk away. You also have access to a number of bus stops where you can get to Clapham Junction in 10 minutes which gives you further national rail access.The riverboat services are nearby which takes you into central London and Greenwich.
Viewings
This property is available to view immediately, please register your interest and we will be in touch to arrange a viewing.
Key Features
- Tenure: Leasehold (Shared Ownership - Min 25% Share)
- Size: Approximately 60sqm
- Rent: £777.59 per month
- Service Charge: £297.13 per month
- EWS1 Form available (B1 Rating)
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: D
Property Downloads
Floor Plan Energy CertificateVirtual Tour
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 £380,000, £4,750 Min Deposit. Calculated using a representative rate of 5.26%
