2 bedroom apartment for sale
Kennet House, 8 Enterprise Way, London, SW18 1GF
Share percentage 25%, full price £600,000, £15,000 Min Deposit.
Share percentage 25%, full price £600,000, £15,000 Min Deposit
Monthly Cost: £1,901
Rent £757,
Service charge £387,
Mortgage £757*
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
A second-floor, two-bedroom apartment which appears in excellent condition throughout. The open-plan reception/kitchen features sleek, white units, integrated appliances and a door that leads out onto a balcony overlooking Bell Lane Creek and the River Wandle. There is a large main bedroom with fitted wardrobe plus a second good-sized double bedroom, a stylish bathroom and a utility/storage cupboard in the entrance hallway. A Sainsbury's Local is conveniently located in the building next to Kennet House, there is an on-site gym and the South Side Shopping Centre plus a great range of other shops, cafes, delis, pubs and restaurants can be found in the surrounding area. To the north is the Thames, with the riverside Wandsworth Park around five minutes away. Wandsworth Town Station is close by and East Putney is within comfortable walking distance. The development has a concierge and an underground car park which includes a space for this apartment.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £600,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/52z7w89f]
(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: 25% (£150,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £757.29 per month (subject to annual review).
Service Charge: £386.92 per month (subject to annual review).
Guideline Minimum Income: Dual - £67,800 | Single - £78,300 (based on minimum share and 10% 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
- Guideline Minimum Deposit £15,000
- Guide Min Income Dual £67.8k | Single £78.3k
- Second Floor (building has a lift)
- Approx. 745 Sqft Gross Internal Area
- Balcony
- Concierge and On Site Gym
- Secure Underground Parking Space
- Short Walk to 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 25%, full price £600,000, £15,000 Min Deposit. Calculated using a representative rate of 4.59%