1 bedroom apartment for sale
PHOENIX WAY, 23-25 EAST HILL, SW18 2PW
Share percentage 35%, full price £375,000, £13,125 Min Deposit.
Share percentage 35%, full price £375,000, £13,125 Min Deposit.
Monthly Cost: £1,470
Rent £623,
Service charge £181,
Mortgage £666*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £ 52,884. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £13,125 Total approximate savings required £ 17,125. Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
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
Summary
2nd Floor 1 bedroom flat availabe through shared ownership for 35% £ 131250 full market value £ 375000
Description
Second floor: Entrance hall, open plan kitchen / living room, bedroom and bathroom with W.C.
External : Communal grounds.
GIA: 52 sqm
EPC: C
Lease Term: 135 Years
Borough: Wandsworth
Key Features
The building is located on the corner of York Road with Trinity Road. The flat is located to the rear of the building overlooking the gardens
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
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 35%, full price £375,000, £13,125 Min Deposit. Calculated using a representative rate of 4.64%
