2 bedroom apartment for sale

Under Offer

24 Enterprise Way, Wandsworth, London, SW18 1FA

£185,000 · Shared Ownership Resale

Share percentage 25%, full price £740,000, £9,250 Min Deposit.

Under Offer
2 bedrooms
£185,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £740,000, £9,250 Min Deposit.

Monthly Cost: £1,861
Rent £601, Service charge £269, Mortgage £991*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

You have a gross household income of no more than £90,000 per annum when eligible to purchase.


Priority allocation will be given to applicants registered on Wandsworth Council Homeownership waiting list. Please provide your reference number.


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.


To purchase this 25% minimum share you will need an average minimum joint household income of £52,778 and available savings of £9,250 for a 5% mortgage deposit.

Summary

Optivo are delighted to offer for sale this well-presented 2nd floor two bedroom apartment with balcony in Riverside Quarter

Description

The current market value is £740,000 for 100%. The minimum 25% share available is priced at £185,000, current rent payable £600.67 pcm, rent is subject to annual reviews. Service charges are currently £268.88 pcm.

Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail resales@optivo.org.uk for the vendors details.

If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy to resales@optivo.org.uk

Application forms need to be returned to Optivo by14th June2021

If a high volume of applications is received, the deadline might be brought forward. Wandsworth Registrationshave Priority given 1st.

*Please note the successful applicant will be required to pay a £250 non-refundable reservation fee once offered the property.

Local information

This apartment is in this exciting riverside development that offers the best of London Life and smart suburban style. The building is set in a location with landscaped piazzas, green lawns and riverside walks with shops, restaurants and transport links within walking distance.

Key Features

Full market value £740,000

Share available and price £25% £185,000

Current rent payable £577.01

Monthly service charge £162.97

Lease term 116 years

EPC rating C78

Features

Kitchen: Symphony kitchen with Woodbury gloss finish cabinets and worktop. Integrated appliances including ceramic hob, cooker hood.

TV and satellite connection points to Living room and main bedroom.

Wood-strip flooring to hallway and open plan living space. Fitted Wardrobes communal gardens

Heating and hot water through district heating. Underfloor heating system

Balcony

Bathroom: Contemporary white bathroom suite with Chrome finish fittings. Heated towel rail and ceramic floor tiles.

CCTV

Audio/visual door entry system

Mains operated smoke detectors

Heat detectors to the kitchen

Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Brochure
Map
Wandsworth Town (0.35 miles) East Putney (0.69 miles) Putney Bridge (0.70 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

Read More Read Less
  • 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.

£185,000
Shared Ownership Resale
Estimated Monthly Cost:£1,861
Rent £601
Service Charge £269
Mortgage £991

Share percentage 25%, full price £740,000, £9,250 Min Deposit. Calculated using a representative rate of 4.64%


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.