Share percentage 30%, full price £645,000, £19,350 Min Deposit.
Monthly Cost: £1,860
Rent £540,
Service charge £343,
Mortgage £977*
Calculated using a representative rate of 4.59%
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.
Summary
Spacious 1 Bedroom Apartment situated on the 7th Floor with plenty of natural light
Description
Southern Housing are delighted to present the opportunity to purchase your own 1-bedroom apartment in Wandsworth. More specifically residing in Nine Elms, home to the revitalised Battersea Power Station offering up-and-coming riverside restaurants and bars with the inclusion of pop-up food markets.
The property features spacious rooms that can often be a mission to find given the location. Double-glazing south facing windows offer sun and natural light throughout the day along with balcony views over Nine Elms and Battersea Power Station; further adding to the appeal of this property. Nine Elms, a fast-paced and lively area of London having a home that offers space for yourself to take a step back and relax in your own space whilst not having to leave the urban life. The open plan kitchen/living area offers the opportunity to host guests/family round to experience what inner city living is about; being granted the chance to be in the middle of the cities greatest landmarks, restaurants and shopping locations all off of the view from your new balcony.
Battersea Power Station Train Station is a 6 minute walk away, located on the Northern Line linking you to Victoria, Vauxhall and London Bridge. Battersea Park Station is less than 15 minutes away from your doorstep offering travel links to Brighton, Southampton, Gatwick Airport and Bournemouth giving you the opportunity for a quick seaside getaway or a viable travel option to Gatwick Airport for a Holiday. An amazing property with great potential; we cannot see this lasting on the market for long.
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Full Price: £645,000
Share 30%
Share £193,500
Rent: £540.34
Service Charge: £343.41
Lease Remaining: 112 Years
Council Tax Band: E
Key Features
1 Double Bedroom
7th Floor
Open Plan Kitchen/Dining
Double Glazing
Excellent Location
Minutes from Battersea Power Station
Particulars
Tenure: Leasehold
Lease Length: 112 years
Council Tax Band: E
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 30%, full price £645,000, £19,350 Min Deposit. Calculated using a representative rate of 4.59%
