1 bedroom apartment for sale
Oakhill Road, Wandsworth, SW15 2FJ
Share percentage 45%, full price £500,000, £11,250 Min Deposit.
Share percentage 45%, full price £500,000, £11,250 Min Deposit.
Monthly Cost: £2,486
Rent £702,
Service charge £531,
Mortgage £1,253*
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, ecosustainable & bright one-bedroom apartment now available in Putney, London, through Shared Ownership.
The property comprises a wide living room with a private balcony, an open-plan fitted kitchen, and a large bedroom. This could be ideal for a couple or a single person.
The flat is on the first floor of a newly built construction (circa 2016) and there's also a nice shared garden area around.
Available for £225,000 for 45% share based on the marketing figure of £500,000.
Monthly rent - £701.87
Monthly Service Charge - £530.64
Total Monthly Charge - £1,232.51 plus mortgage required for 45% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area, with Putney's high street being just a stone's throw away and the train stations very close and well within walking distance.
The District Line is available at East Putney underground station and the Putney railway station is only 10 minutes away. London Waterloo can be reached in less than half an hour.
Wandsworth is also just a mile away, which can also be reached by a direct bus in 15 minutes.
All amenities are nearby.
EPC ratingEnergy rating band - B
Environmental impact band - A
Years remaining on lease: 117
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
- One-bedroom apartment
- Private balcony
- Modern building (2016)
- Great transport links
- Available for 45% share
- 5% minimum deposit only
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 45%, full price £500,000, £11,250 Min Deposit. Calculated using a representative rate of 5.03%
