2 bedroom apartment for sale
Quarter House, Juniper Drive, SW18 1GX
Share percentage 40%, full price £600,000, £24,000 Min Deposit.
Share percentage 40%, full price £600,000, £24,000 Min Deposit.
Monthly Cost: £2,545
Rent £837,
Service charge £496,
Mortgage £1,212*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £82,405.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £24,000.Total approximate savings required £28,000.
Important borough specific eligibility criteria:
Wandsworth
Wandsworth will only accept applicants who have registered with Wandsworth Home Ownership and have been granted a reference number. You will not be able to book a viewing for this resale property unless you can provide your Wandsworth reference number. This property will only be allocated to registered applicants for a minimum of eight weeks.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
First Floor two-bedroom home in the London borough of Wandsworth for £240,000 (40%) share price of £600,000 (full market price), available through Shared Ownership.
Description
First floor
Living Room
Kitchen
Bedroom one
Bedroom two
Bathroom
Hallway
External
Communal gardens and grounds
Gross Internal Area
82.03 sqm
EPC rating
B
Length of lease
979 Years remaining
Borough
Wandsworth
Key Features
The property benefits from good local amenities with shopping in Wandsworth to the south west and Battersea to the east. The property benefits from good road and bus communications as well as Wandsworth Town Station and Clapham Junction in close vicinity. It also benefits from access to Wandsworth Common to the south east.
Local Transport
Wandsworth Town Station (South Western Railway)
Clapham Junction Station (Overground, Southern, South Western Railway and Gatwick Express)
Particulars
Tenure: Leasehold
Lease Length: 979 years
Council Tax Band: Not specified
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 40%, full price £600,000, £24,000 Min Deposit. Calculated using a representative rate of 4.59%
