2 bedroom apartment for sale
352 Queenstown Road, SW11 8NG
Share percentage 25%, full price £610,000, £15,250 Min Deposit.
Share percentage 25%, full price £610,000, £15,250 Min Deposit.
Monthly Cost: £2,285
Rent £1,360,
Service charge £155,
Mortgage £770*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £81,721.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,250.Total approximate savings required £19,250.
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
Two-Bedroom, 10th Floor apartment in the London borough of Wandsworth for 25% at £152,500, Full market price at £610,000 available through Shared Ownership.
Description
Description
Internally
Ground Floor
Entryphone system to Communal
Lobby, Passenger Lift and Stairwell
Tenth Floor
Two Bedrooms. Reception/Kitchen.
Hallway
Bathroom with WC
Externally
Balcony accessed from Reception room
GIA
54sqm
Monthly Ground Rent
£20.83
Accessibility rating
F
EPC rating
C
Length of lease
111 years remaining
Borough
Wandsworth
Key Features
24 Hour Concierge Service
Building Insurance Included in Service Charge
Water Included in Service Charge
Lift access
Secure Underground Parking – rental spaces available
Location
Chelsea Bridge Wharf is within easy reach of bars, restaurants and boutiques on the trendy King's Road as well as the Thames Clipper from Battersea Power Station and the Power Station also for it’s bars, restaurants, and cinema. The green open spaces of Battersea Park are also close by, while London's wealth of galleries, theatres, museums and auction houses put a rich cultural life within easy reach.
Local Transport
Battersea Park (Overground & Southern Rail) - 0.4mi
Sloane Square Underground Station (District & Circle lines) - 1.0mi
Victoria train and coach stations are approx 10min by bus - 1.3mi
Particulars
Tenure: Leasehold
Lease Length: 111 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 25%, full price £610,000, £15,250 Min Deposit. Calculated using a representative rate of 4.59%