Share Price £225,000 (from 60% Min. Share)

Full Value £375,000 | £11,250 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Merton

place Hubert Close, SW19 2LJ

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2 bedroom apartment in South Wimbledon


Description

2 bedroom apartment in South Wimbledon

Share Price £225,000 (from 60% Min. Share)

Full Value £375,000

Full Description

A two bedroom first floor flat located in South Wimbledon available through Shared Ownership Scheme.

Available for £225,000 for 60% share based on the marketing figure of £375,000

The property is within an end terrace three story block of similar properties. Benefitting from a generous private balcony/terrace, separate kitchen and large storage cupboard. Located on a quiet residential road with shops and facilities available nearby (Wandle Park and Haydons Recreation Grounds).

Excellent travel connections – 5 minute walk to South Wimbledon station (Northern Line), 10 minute walk to Colliers Wood Station (Northern Line) and local bus routes.


Key Features

Ground Floor

Communal entrance lobby with staircase.

First Floor

Private entrance hall.

Outside

Private balcony/terrace.

Communal grounds and area, including bin and bike shed.

No allocated parking.


Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 225,000
Min. £225,000
Share percentage
Min. 60%
Your deposit
Min. £11,250
Monthly cost*
£1,588
Cost breakdown
£358
Rent
£109
Service charge
£1,121
Mortgage*
Calculated using a representative rate of 3.94%
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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.