1 bedroom apartment for sale
Lewis Court, Lanesborough Way, SW17 0FY
Share percentage 30%, full price £340,000, £5,100 Min Deposit.
Share percentage 30%, full price £340,000, £5,100 Min Deposit.
Monthly Cost: £1,251
Rent £534,
Service charge £149,
Mortgage £568*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Tooting, London
Description
This bright and modern one bedroom apartment is now available in Tooting through Shared Ownership.
The property on the ground floor comprises of an entrance hall, a living room with a dining area space, a modern open plan kitchen, one bedroom and a bathroom. Perfect for couples and singles.
Available for £102,000 for 30% share based on the marketing figure of £340,000.
Monthly rent - £534.47
Monthly Service Charge - £149.20
Total Monthly Charge - £683.67 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationLiving in Lanesborough Way, Tooting, offers numerous advantages that enhance the quality of life for its residents.
The location provides excellent transport links, making commuting to central London convenient and efficient. Additionally, the surrounding area boasts a variety of local amenities, including shops, restaurants, and parks, which cater to diverse lifestyle needs.
The community atmosphere is welcoming, fostering a sense of belonging among neighbors. Furthermore, the residential environment is characterised by well-maintained properties and green spaces, contributing to a pleasant living experience.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 86
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- One bedroom apartment
- Modern kitchen
- Excellent travel links
- Amenities nearby
- Available for 30% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £340,000, £5,100 Min Deposit. Calculated using a representative rate of 5.03%
