2 bedroom apartment for sale
FLAT 21, 16 Carlton Drive, Putney, SW15 2BD
Share percentage 25%, full price £424,116, £5,301 Min Deposit.
Share percentage 25%, full price £424,116, £5,301 Min Deposit.
Monthly Cost: £1,655
Rent £901,
Service charge £163,
Mortgage £591*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You have a gross household income of no more than £90,000 inner London/£80,000 outer London per annum when eligible to purchase - this will include all members of the household whether they have joined the application or not. An exception would be the income of children under 18 and any other household members whose residence in the home is unlikely to be permanent.
You are unable to purchase a suitable home to meet your housing needs on the open market.
Be a first time buyer, if you are indeed a current homeowner we can consider your application if your property is under offer and is going through the legal conveyancing process, evidence of this will need to be provided.
To purchase this 25% minimum share you will need an average minimum joint household income of £58,725 and available savings of at least £5,301 for a 5% mortgage deposit.
Priority must be given to all applicants who live/work in the Wandsworth Borough who are registered with Wandsworth Borough Council for the first 8 weeks.
Summary
Southern Housing are delighted to offer for sale this well-presented two bedroom flat located on the 4th floor
Description
EPC rating - B
Council tax band - E
Lease – 99 years from commencement date 24-06-2005
(79 years and 8 months remaining)
Full market value - £424,116
25% share available at £106,029
Current rent PCM - £901.30
Current service charge PCM - £162.87
Description:
This property is a purpose built flat situated on the 4th floor, located on a residential road, close to local amenities and transport links.
Accommodation:
Living room, kitchen, bedroom 1, bedroom 2 and a bathroom
Services : Gas, water and drainage
75 sqm
As you come in to the flat you are greeted with two good sized bedrooms. As you walk through it lead on to the bathroom and kitchen/dining room.
The bathroom has a toilet, sink and bath with an over head shower.
The kitchen is a good size and benefits from fitted appliances such as an oven and extractor fan, has plenty of cupboards for your storage.
Of the kitchen/dinning room there is a balcony over looking the local area and flats nearby.
This property is decorated to a good standard, is bright with loads of natural light, the bedrooms and kitchen has carpet and laminate flooring throughout.
Has an additional benefit from a shared garden.
Key Features
Benefits from a lift
Particulars
Tenure: Leasehold
Lease Length: 79 years
Council Tax Band: E
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 £424,116, £5,301 Min Deposit. Calculated using a representative rate of 5.03%
