Share Price £163,750 (from 25% Min. Share)

Full Value £655,000 | £8,188 Min. Deposit

Scheme: Shared Ownership

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Waterway - 2 bed apartment in Wandsworth

place 20 Enterprise Way, SW18 1SA

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date_range VIEWING SATURDAY 10th APRIL - OPEN TO ALL LONDON BOROUGHS- VIEWING NOW
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VIEWING SATURDAY 10TH APRIL - AWARD WINNING DEVELOPMENT - LUXURY APARTMENT INCLUSIVE OF PARKING


Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • 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.

Description

Waterway SW18, is a brand-new award winning development situated on the South Bank of the River Thames, offering 93 homes available to purchase via the Shared Ownership scheme, ideal for those looking to step onto the property ladder.


This development is situated in a highly thought after area on the south bank of the River Thames, where Wandsworth meets Putney. The scheme is ideally situated for those looking to commute, as you can get from to Waterloo from Wandsworth Town Station under 15 minutes, as well as reaching Victoria, via rail services from East Putney. All of the homes here benefit from integrated appliances, a 24 hour concierge and bike storage.

Plot B407 is a fourth floor, two bedroom apartment set over 764 sq ft of internal floor area with a glass fronted balcony. Price of £163,750 based on a 25% share of a full market value of £655,000. Property inclusive of allocated parking space.


Just a short stroll away, you will find local amenities including Southside, a large shopping centre, containing a Waitrose, local restaurants serving world cuisine, such as Marco Polo Italian and Konnigans. Whilst The Thames Rowing Club is also a on your door step. Green spaces are plentifully, with both Wandsworth Park and Putney Heath within walking distance.

Given the current coronavirus outbreak, special precautions have been taken across all Optivo schemes. Please contact our sales agents for more information and availability, please note all viewings are via prior appointment only.

The government has designed the Help To Buy: Shared Ownership scheme, to assist people take steps to buy their own home, who are unable to afford to buy a home outright. Properties are available on a part buy, part rent basis. You buy an equity share in the property by means of a mortgage and/or savings, and then pay a proportionate rent on the unowned share. When you can afford to, you can buy further shares in the property until you own it outright.

*To be eligible for the scheme you must be registered and approved by (Wandsworth Council and meet both JLL and Optivo’s internal procedures) and not already own another property. Certain other criteria also applies - please speak to our Consultants for full details.


Key Features

  • Two bedrooms
  • 10 year NHBC warranty
  • Fully integrated kitchen with Zanussi appliance
  • 15 minutes to Waterloo from Wandsworth town station
  • Glass fronted balcony with views over the River Thames

Download Documents

Link to the floor plan Property brochure 1

Accessibility

C – Lifetime Homes

Meets the space standards of the Lifetime Homes developed by the Joseph Rowntree Foundation. Designed to meet the space standards of Lifetime Homes. Main features include a level approach/entrance and wider doorways. This category will capture all new general needs housing built to Lifetime Homes standards. Properties achieving this category will not necessarily meet all Lifetime Homes design guidance as the LAHR framework does not assess features other than space and access. Properties may have an internal flight of stairs. If so, these will be wide enough to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 163,750
Min. £163,750
Share percentage
Min. 25%
Your deposit
Min. £8,188
Monthly cost*
£2,159
Cost breakdown
£1,126
Rent
£242
Service charge
£791
Mortgage*
Calculated using a representative rate of 3.64%
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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.