1 bedroom apartment for sale
Trafalgar House, Juniper Drive, SW18 1GY
Share percentage 40%, full price £425,000, £17,000 Min Deposit.
Share percentage 40%, full price £425,000, £17,000 Min Deposit.
Monthly Cost: £2,045
Rent £900,
Service charge £287,
Mortgage £858*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £69,246.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £17,000.Total approximate savings required £21,000.
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
6th Floor, One bedroom apartment home in the London borough of Wandsworth for £170,000 (40%) share price of £425,000 (full market price), available through Shared Ownership.
Description
Sixth Floor
Entrance hall
Open plan kitchen / living room
Utility cupboard
Bedroom
Bathroom with W.C
External
Balcony
Communal gardens and grounds
Secure bicycle store
Admin Fee for Shared Ownership Flat
£13.50
Gross Internal Area
52 sqm
EPC rating
B
Length of lease
91 Years remaining
Borough
Wandsworth
Key Features
The apartment and balcony with a northerly aspect overlooking the fountain and central gardens.
All usual amenities are available within a reasonable distance and the area is well serviced by public transport both bus and rail.
Particulars
Tenure: Leasehold
Lease Length: 91 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 £425,000, £17,000 Min Deposit. Calculated using a representative rate of 4.59%
