2 bedroom apartment for sale
24 Enterprise Way, Wandsworth, London, SW18 1FA
Share percentage 25%, full price £740,000, £9,250 Min Deposit.
Share percentage 25%, full price £740,000, £9,250 Min Deposit.
Monthly Cost: £2,162
Rent £643,
Service charge £367,
Mortgage £1,152*
Calculated using a representative rate of 6.18%
Calculate estimated monthly costs
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 £642.72 pcm, rent is subject to annual reviews. Service charges are currently £366.69 pcm.
Viewings by appointment only. Please contact resales via e-mail resales@southernhousing.org.uk for a financial assessment and the vendors details.
Application forms need to be returned after IFA affordability, 1st to apply will proceed.
*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
Lease term 115 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: Leasehold
Lease Length: No lease length specified. Please contact provider.
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 25%, full price £740,000, £9,250 Min Deposit. Calculated using a representative rate of 6.18%
