1 bedroom apartment for sale

Available

Riverlight Quay, SW11 8EB

£480,000 · Shared Ownership Resale

Share percentage 80%, full price £600,000, £72,000 Min Deposit.

Available
1 bedroom
£480,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 80%, full price £600,000, £72,000 Min Deposit.

Monthly Cost: £2,369
Rent £35, Service charge £272, Mortgage £2,062*

Calculated using a representative rate of 3.59%

Calculate estimated monthly costs

£
Eligibility

Eligibility

You may be eligible for this property if:

You have a gross household income of no more than £90,000 per annum when eligible to purchase.
You are unable to purchase a suitable home to meet your housing needs on the open market.
You do not already own a home or you will have sold your current home before you purchase or rent.

Available on a first come first served basis

Summary

Well-presented 1 Bedroom 4th Floor Flat in the popular Riverlight Quay development.

Description

Optivo are delighted to offer for sale this well-presented 1 Bedroom 4th Floor Flat in the popular Riverlight Quay development.

The current market value is £600,000 for 100%. The minimum 80% share available is priced at £480,000, current rent payable £34.51 pcm, rent is subject to annual reviews. Service charges are currently £271.76 pcm.

Lease Term: 115 Years

Accommodation:

Well presented one bedroom property, with larger than most bedroom with plenty of space for super king size bed and triple size wardrobe, in addition to chest of drawers and bedside cabinets. Open plan modern kitchen and living room with dining area, and winter garden facing Battersea Power Station and glimpse of the Thames River. '

54 sq/m including floor are of enclosed balcony.

Viewings by appointment only. Please contact resales@optivo.org.uk

If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy to linda.edvardsen@optivo.org.uk

Local information:

Conveniently located only 10 min walk to Vauxhall Station and Underground with convenient Victoria Line access an overground. ( only 7 minutes to Oxford Circus and 12 minutes to Kings Cross)

Excellent bus connections right outside Riverlight development with frequent buses to Central London.

The northern line will be opening at the new Battersea Power Station in 2021, and will be located only 3 minutes’ walk from the apartment.

There are restaurants and amenities in the new Battersea Power Station development, alongside coffee shops and supermarkets in Riverlight Quay development and the Embassy Gardens’ development 3 minutes walk.

There is also an onsite nursery at Riverlight Quay development and excellent schools available in the area including “outstanding’ Chesterton Primary School and nearby well known independent Thomas’s Battersea.

Key Features

Bright and Spacious

Balcony

24 Hours Concierge Service

Access to Communal Gardens

Excellent Location

12 min walk to Beautiful Battersea Park

10 min walk to Vauxhall Station

Excellent Bus Connection on Doorstep

Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Brochure
Map
Battersea Power Station (0.21 miles) Battersea Park (0.51 miles) Queenstown Road (0.59 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£480,000
Shared Ownership Resale
Estimated Monthly Cost:£2,369
Rent £35
Service Charge £272
Mortgage £2,062

Share percentage 80%, full price £600,000, £72,000 Min Deposit. Calculated using a representative rate of 3.59%


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.