Share Price £118,750 (from 25% Min. Share)

Full Value £475,000 | £5,938 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Wandsworth

place 301 Walpole Lodge, 7 Plaza Gardens, SW15 2DP

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1 Bedroom Shared Ownership Apartment


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.
  • Priority will be given to applicants living and/or working in the borough of Wandsworth however applications from outside the borough will be accepted.

Description

This modern 1 bed resale shared ownership apartment is part of Putney Plaza, an exciting development conveniently positioned opposite East Putney Underground station on Upper Richmond Road.

Virtual tour available

To access the virtual tour of this property, please copy and paste the link to your web browser:https://octavia.vr-360-tour.com/e/KdQBd05enk0/e


Key Features

  • Purpose built apartment with lift access - part of a 7 storey mixed-use development
  • Located on the 3rd floor
  • Parking: Allocated 1 x space
  • Tenure: Leasehold
  • Size: approximately 48.1 sqm
  • Rent: £426.57 per month
  • Service Charge: £217.52 per month

Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 118,750
Min. £118,750
Share percentage
Min. 25%
Your deposit
Min. £5,938
Monthly cost*
£1,237
Cost breakdown
£427
Rent
£218
Service charge
£592
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.