2 bedroom apartment for sale
Greemacres House, Knaresborough Drive, SW18 4FA
Share percentage 35%, full price £650,000, £11,375 Min Deposit.
Share percentage 35%, full price £650,000, £11,375 Min Deposit
Monthly Cost: £2,064
Rent £466,
Service charge £331,
Mortgage £1,267*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in London, Wandsworth
Description
This bright, modern, well-decorated two-bedroom apartment is now available in South West London through Shared Ownership.
The property was built in circa 2016 and, on the first floor, it comprises a private entrance hall with fitted storage and utility cupboards, a spacious living room with a modern open-plan kitchen with fitted appliances, two bedrooms (both with fitted wardrobes, one en-suite), and a bathroom. The property benefits from underfloor heating.
Outside, there are two private balconies, communal outdoor grounds, secure bike storage in communal areas, and allocated parking space, including Zip car parking spaces. Additionally, a 6-day-a-week concierge service is available. Perfect for couples and small families.
Available for £227,500 for 35% share based on the marketing figure of £650,000.
Monthly rent - £465.50
Monthly Service Charge - £331.17
Total Monthly Charge - £796.67 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationLiving in South West London, offers a unique blend of comfort and convenience.
The residence is situated in a vibrant neighborhood, providing easy access to local amenities, parks, and public transport. The surrounding area is characterised by a welcoming community atmosphere, making it an ideal place for families and professionals alike.
With King George's Park on the doorstep, there are many leisure facilities nearby including gyms, tennis courts, and the Wandle Trail. Several "Outstanding" primary schools are also present in the area.
The well-designed living spaces within Greenacres House enhance the overall experience, ensuring a pleasant and enjoyable lifestyle for its residents.
EPC ratingEnergy rating band - B
Environmental impact band - A
Years remaining on lease: 114
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
- Two bedroom apartment
- Two private balconies
- Allocated parking
- Excellent travel links
- Available for 35% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document 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 35%, full price £650,000, £11,375 Min Deposit. Calculated using a representative rate of 5.03%
