Share Price £111,250 (from 25% Min. Share)

Full Value £445,000 | £11,125 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

1 bedroom apartment in Wandsworth

place EASTFIELDS AVENUE, SW18 1FQ

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FIRST FLOOR 1 BED APARTMENT IN WANDSWORTH 25% SHARE @£ 111,250 FULL MARKET VALUE £ 445000


Eligibility

You will need to be earning a guidance income of £48,447 You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£ 11,125Total approximate savings required £15,125. Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

Important Wandsworth specific eligibility criteria

Wandsworth will only accept applicants who have registered with Wandsworth Home Buy council and have been granted a reference number. You will not be able to book a viewing for this resale property unless you can provide your Wandsworth reference number. This property will only be allocated to registered applicants for a minimum of eight weeks.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home.


Description

Ground floor
Communal entrance, stairs and lift to upper floors.

First floor
Flat entrance leading to hallway, combined bathroom / w.c,one bedroom, reception room with open plan kitchen.

GIA

46sqm

Accessibility rating
F - General

EPC rating - B

Length of lease
93 years

Borough
Wandsworth


Key Features

Close to Wandsworth Town, Mainline Station and East Putney Underground ( District Line )

Close to local shopping and recreational facilities


Download Documents

Energy Certificate

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 111,250
Min. £111,250
Share percentage
Min. 25%
Your deposit
Min. £11,125
Monthly cost*
£1,234
Cost breakdown
£574
Rent
£180
Service charge
£480
Mortgage*
Calculated using a representative rate of 3.09%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.