2 bedroom apartment for sale
Kennet House, 8 Enterprise Way, London, SW18 1GF
Share percentage 50%, full price £600,000, £30,000 Min Deposit.
Share percentage 50%, full price £600,000, £30,000 Min Deposit
Monthly Cost: £2,443
Rent £530,
Service charge £398,
Mortgage £1,515*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
An immaculately-presented apartment on the fifth floor of this modern development. The property has a twenty-five-foot main room with wide-board wood flooring and an open-plan kitchen area featuring sleek, white units and integrated appliances. A glazed door leads out onto an east-facing balcony that overlooks Bell Lane Creek. There is a large principle bedroom with fitted wardrobe plus a generously-sized second bedroom and a spacious and stylish bathroom. A storage/utility cupboard has been provided in the entrance hallway and well insulated walls, modern double glazing and a communal heating and hot water system make for a very good energy-efficiency rating. Residents of Kennet House can make use of the on-site gym and there is an underground car park which includes a space for this apartment. A Sainsbury's Local is conveniently located on the corner of Enterprise Way and Osiers Road plus the Southside Shopping Centre and a variety of other stores are within easy reach. To the north is the Thames, with the riverside Wandsworth Park and Wandsworth Town Railway Station both nearby. East Putney, for the District Line, is also within comfortable walking distance.
SHARED OWNERSHIP (Advertised price represents 50% share. Full market value £600,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/zetfkd2c]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: A2Dominion.
Tenure: Leasehold (125 years from 25/03/2009).
Minimum Share: 50% (£300,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £529.77 per month (subject to annual review).
Service Charge: £397.71 per month (subject to annual review).
Guideline Minimum Income: Dual - £86,100 (based on 50% share and 20% deposit) Single - £86,200 (50% share, 35% deposit).
Council Tax: Band F, London Borough of Wandsworth. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
Key Features
- Guide Dual Income £86.1k 20% deposit £60k
- Guide Single Income £86.2k 35% deposit £105k
- Fifth Floor (building has a lift)
- Approx. 753 Sqft Gross Internal Area
- Very Good Energy-Efficiency Rating
- Balcony
- Secure Underground Parking Space
- Short Walk from Wandsworth Town Station
Particulars
Tenure: Leasehold
Lease Length: 109 years
Council Tax Band: F
Property Downloads
Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Covered
Outside Space/Garden: Yes - Private Balcony
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 50%, full price £600,000, £30,000 Min Deposit. Calculated using a representative rate of 4.59%