1 bedroom apartment for sale
Time House, 71 Plough Road, SW11 2BL
Share percentage 55%, full price £375,000, £10,313 Min Deposit.
Share percentage 55%, full price £375,000, £10,313 Min Deposit.
Monthly Cost: £1,840
Rent £539,
Service charge £152,
Mortgage £1,149*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Wandsworth, London
Description
Modern, bright, and spacious one-bedroom apartment now available in Wandsworth, London, through Shared Ownership.
The property comprises a wide living room with access to a large private balcony, an open-plan fitted kitchen, and a good-sized bedroom. This could be ideal for a couple or a single person.
There's also access to a large roof terrace and other communal terraces, with great views.
The flat is on the third floor and is part of a relatively newly built construction (circa 2008).
Bike stores are available.
Available for £206,250 for 55% share based on the marketing figure of £375,000.
Monthly rent - £539.15
Monthly Service Charge - £151.51
Total Monthly Charge - £690.66 plus mortgage required for 55% share.
An annual rent increase takes place every April
LocationThe property is placed in an extremely convenient location for travel and commuting. Clapham Junction is just around the corner, where the railway and overground are available. London Victoria, in Zone 1, can be reached in 7 minutes from there.
All local amenities are nearby, with more in Wandsworth town centre, which can be reached in 15-20 min on foot.
With its large Park and the newest shopping centre, Battersea is also quite close -- about 20 minutes with a direct bus.
Several schools are nearby, many of which are within walking distance.
EPC ratingEnergy rating band - C
Environmental impact band - B
Years remaining on lease: 116
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
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 55%, full price £375,000, £10,313 Min Deposit. Calculated using a representative rate of 5.03%