2 bedroom apartment for sale
Time House, Plough Road, SW11 2BL
Share percentage 45%, full price £520,000, £11,700 Min Deposit.
Share percentage 45%, full price £520,000, £11,700 Min Deposit
Monthly Cost: £2,382
Rent £895,
Service charge £184,
Mortgage £1,303*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Battersea, London
Description
Modern, bright, and spacious third-floor two-bedroom apartment now available in Wandsworth, London, through Shared Ownership.
The property comprises an open plan kitchen-living area, with access to a private balcony, family bathroom, a good-sized master bedroom complete with an ensuite and a second, slightly smaller bedroom which would also work as a home office. This could be ideal for a couple or a small family.
There's also a rooftop garden with great views over the city.
Available for £234,000 for 45% share based on the marketing figure of £520,000.
Monthly rent - £894.73
Monthly Service Charge - £183.99
Total Monthly Charge - £1,078.72 plus mortgage required for 45% share.
An annual rent increase takes place every April
LocationThe property is conveniently located near Clapham Junction, providing easy access to London Victoria, London Waterloo, Wimbledon, Shepherd's Bush, Gatwick Airport, and Brighton. Local amenities, including bars and restaurants, are just a 5-10 minute walk away.
The Thames Path is also nearby, offering a scenic route to Central London or South West London. Battersea Power Station and Battersea Park are within a 30-minute walk or a short bus or bike ride.
Multiple schools are also within walking distance.
EPC ratingEnergy rating band - C
Environment impact band - B
Years remaining on lease: 115
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
- Private balcony
- Ensuite bedroom
- Rooftop garden
- Available for 45% 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 45%, full price £520,000, £11,700 Min Deposit. Calculated using a representative rate of 5.03%
