1 bedroom apartment for sale

Available

Flat 23 Preece Apartments, 18-20 Waterfall Cottages, SW19 2FN

£214,500 · Shared Ownership Resale

Share percentage 55%, full price £390,000, £10,725 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£214,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 55%, full price £390,000, £10,725 Min Deposit.

Monthly Cost: £1,899
Rent £519, Service charge £185, Mortgage £1,195*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

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

Great 1 Bedroom, Second Floor Apartment in Colliers Wood, Merton

Description

Southern Housing are thrilled to be able to present the opportunity to purchase this amazing 1 bedroom, second floor apartment in Colliers Wood. Residing in the London Borough of Merton; you're new home is placed just off the A24 only minutes away from Colliers Wood Tube Station.

The property features very spacious rooms within; as well as a large additional storage cupboard in the hallway of the property. Upon entering your new home, the bedroom is placed to the door in-front of you as you walk in. Immediately you'll notice the feeling of space that is provided with this property, a large bedroom area with a wardrobe placed towards the end of the room, provides additional space and room to include more storage units for your personal belongings to ensure that your home is organised and de-cluttered. Moving through the property, there is an additional large storage cupboard giving you that bit of extra tuck-away space to keep the property clear. When entering the open plan kitchen and living area you'll again notice the large amount of space that is provided; opening further opportunities for a dining set, sofa and additional seating to give you the option to host family and guests to your new home.

Colliers Wood Tube Station (Northern Line) is nearly on your doorstep; giving travel connections to every region of the city, while the greenery and glamour of Wimbledon is also a brief walk away. Despite being set back from the road, the property enjoys the dual benefits of a calm and serene living area and extremely handy transport links. High Street Colliers Wood (A24) is adjacent to the property, guaranteeing that you have further road access to Central London and Surrey.

Within a mile of your property are large supermarkets, stores, restaurants, pubs, gyms, and all the services you could possibly need. Wandle Park, which is located immediately to the west, also offers a tonne of outdoor space.

Full Price: £390,000
Share 55%
Share £214,500
Rent: £518.94
Service Charge: £185.21
Lease Remaining: 119Years
EPC Rating: B
Council Tax Band: C

Key Features
  • Immaculate Condition
  • Spacious Rooms within Property
  • Great Local Transport Links
  • Amazing Local Parks
  • Great Local Amenities
Particulars

Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Colliers Wood (0.32 miles) Tooting Broadway (0.37 miles) Tooting (0.59 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£214,500
Shared Ownership Resale
Estimated Monthly Cost:£1,899
Rent £519
Service Charge £185
Mortgage £1,195

Share percentage 55%, full price £390,000, £10,725 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.