1 bedroom apartment for sale
Penrose Court, 20 Boundaries Road, SW12 8BY
Share percentage 25%, full price £490,000, £12,250 Min Deposit.
Share percentage 25%, full price £490,000, £12,250 Min Deposit
Monthly Cost: £1,265
Rent £465,
Service charge £182,
Mortgage £618*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Modern One Bedroom Second Floor Flat Now Available
Description
We are pleased to present this modern, second floor, one bed-room flat located close to the shops and amenities in the sought-after neighbourhood of Balham, within a short walk of Balham station.
Key Features
- Approximately 114 years remaining on the lease
- Gross internal floor area approximately 50 m²
- Audio & Video door entry system
- Communal heating system
- Bright modern kitchen, Built in oven, hob, and extractor fan. Fridge/freezer & dishwasher included
- Open plan living & kitchen area. With living area leading to south facing private balcony
- Great sized carpeted bedroom, with an option of additional freestanding wardrobe
- Main bathroom, tiled and with shower over bath
- Storage cupboard
- No parking
- EPC rating B
- Ground rent £100 p/a
- Monthly Rent on unsold share £465.09
- Monthly Service Charge £170.15
- Management fee £12.11
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: C
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: No
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: 2013
Unit size: 50 m
Communal lift: Yes
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
Heating: Double Glazing
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 25%, full price £490,000, £12,250 Min Deposit. Calculated using a representative rate of 4.59%
