Share Price £136,500 (from 35% Min. Share)

Full Value £390,000 | £6,825 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

1 bedroom apartment in Wandsworth

place Charterhouse Apartments 8351, 21 Eltringham Street, SW18 1AU

Budget Calculator
Calculate monthly cost help
Sign in to Register Your Interest mail
favorite_outline Save Property

One bedroom ground floor flat


Eligibility

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet.The general eligibility criteria for Shared Ownership is as follows:


You must be at least 18 years old
Outside of London your annual household income must be less than £80,000
In London your annual household income must be less than £90,000
You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
You should not be able to afford to buy a home suitable for your housing needs on the open market
You must show you are not in mortgage or rent arrears
You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home
You should have savings or to be able to easily access at least £4,000 to cover the costs of buying a home. This is a guideline figure – the actual amount you need will depend on the Help to Buy option you choose

In most cases you will also need to have enough savings or be able to easily access a minimum 5-10% of the equity share you are buying, as a deposit.

You must either work or live in the London Borough of Wandsworth


Description

Description

Charterhouse Apartments is a 1 bedroom property available for shared ownership with no onward chain.

Constructed in circa 2009, the property is located on the ground floor and comprises:

Entrance: Hallway with entry phone system.

Living room: Light and spacious lounge interconnecting with kitchen.

Kitchen: Modern kitchen with gas stove, electric oven, standalone fridge freezer and combined washing machine and tumble dryer.

Bedroom: Double bedroom with views onto a private patio / terrace.

Bathroom: White suite comprising panelled bath with shower head, WC, hand washbasin with large mirror over and heated towel rail. Fully tiled with new laminate flooring.

Patio / terrace: Patio / terrace to the rear of the property.

There are great transport links with Wandsworth Town Station only 0.3 miles away and Clapham Junction 0.6 miles away.

A great selection of amenities are located within a 10 minutes’ walk. A range of shops, fine bars and restaurants are located within close proximity on the popular Old York Road and St John’s Hill. The property is in walking distance of the river front and various local attractions.

Parking: Allocated parking for one car.

Communal parts: Gated access from Eltringham Street with cycle storage and communal roof garden with views over the River Thames.

Lease term: 125 years from August 2010

Charterhouse Apartments holds a valid EWS1 External Wall Fire Review certificate and is available immediately.


Key Features

Key features:

Open plan kitchen / living room (3.25m x 7.70m)


Bedroom (2.60m x 3.47m)


Bathroom/WC (1.67m x 2.21m)


Private patio /terrace to the rear

Allocated parking for one car


Communal roof garden and passenger lift


Gated access from Eltringham Street


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.


Budget Calculator
arrow_backwards Back to 1 bedroom apartment in Wandsworth

Calculate Monthly Cost

Share price
£ 136,500
Min. £136,500
Share percentage
Min. 35%
Your deposit
Min. £6,825
Monthly cost*
£1,450
Cost breakdown
£548
Rent
£222
Service charge
£680
Mortgage*
Calculated using a representative rate of 3.94%
help

Sign in to Register Your Interest mail
favorite_outline Save Property

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.