1 bedroom apartment for sale
Riverlight Quay, SW11 8EB
Share percentage 80%, full price £600,000, £72,000 Min Deposit.
Share percentage 80%, full price £600,000, £72,000 Min Deposit.
Monthly Cost: £2,252
Rent £40,
Service charge £4,
Mortgage £2,208*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
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 £36.93 pcm, rent is subject to annual reviews. Service charges are currently £325.76 pcm.
Lease Term: 114 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 optivo.resales@southernhousing.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@southernhousing.org.uk
Local information:
Conveniently located only 3 min walk to Battersea Power Station (Northern Line) 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.
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: Leasehold
Lease Length: 114 years
Council Tax Band: Not specified
Property Downloads
BrochureMap
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 80%, full price £600,000, £72,000 Min Deposit. Calculated using a representative rate of 4.24%
