2 bedroom apartment for sale

Available

Spectra Apartments, 2 Spectrum Way, SW18 4GE

£300,000 · Shared Ownership Resale

Share percentage 50%, full price £600,000, £15,000 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£300,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £600,000, £15,000 Min Deposit.

Monthly Cost: £2,454
Rent £617, Service charge £342, Mortgage £1,495*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

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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.
Summary

Spacious 2 Bed Apartment

Description

Octavia is pleased to present this two bedroom First floor shared ownership apartment in Wandsworth. The apartment is contained in a four storey modern purpose built block which was constructed in 2014.

A bright and spacious two bedroom apartment situated within a modern development on a quiet one-way road. You enter the large living/dining room which has enough space to create that homely feel. Just off of the living room and both bedrooms, you have access to a private balcony where you can sit and relax. When the sun is shining, the room lights up due to the large windows that are adjacent to the balcony. As you exit the living/dining room you can then enterthe fully fitted kitchen which has a large 'U' shaped service area with an electric hob and oven. Both bedrooms are of a double size, the Master bedroom has a custom-fit wardrobe, providing plenty of storage. Both bedrooms have floor-to-ceiling windows, which provide lots of natural light. The bathroom is large with a bath/shower. The apartment has 2 large utility storage cupboards, 1 containing the washing machine, the other is currently used as a pantry and for other storage. This is a well maintained flat, in excellent condition. This apartment also comes with its own car parking space.

The property is located in an established residential location with good local, multiple shopping facilities and amenities provided around Wandsworth Southside Shopping Centre. If you are particularly active, King George's Park is just a short walk away or little bit further you can find Wandsworth Common. If you enjoy cycling you have access to a secure communal bike store which can be found in the underground carpark. There is also a good range of primary and secondary schools in the area.

Other lucrative benefits in this property consist of a 24 hour concierge, who deals with all building related issues and receives parcel deliveries 24/7. You are also offered Hyperoptic Fibre broadband in this building.

Transport links

Located within easy reach of central London, Wandsworth's transport connections are enviable. Having the choice of East Putney underground station which is situated on the District Line or two National Rail lines (Wandsworth Town and Earlsfield) which are a 10 minute walk away. You also have access to a number of bus stops where you can get to Clapham Junction in 10 minutes which gives you further national rail access.

Viewing

This property is available to view immediately, please register your interest on the share to buy website and we will be in touch to arrange a viewing.

For a virtual tour please cut and paste the link to your browser:https://octavia.vr-360-tour.com/e/KdQBe8sHM20/e

Key Features

Size: approximately:889 sq ft. or 83 sq m.

Monthly Rent: £617.07

Service Charge: £342.32 pm

Ground Rent: £21.83 pm

Parking: Included

Length of Lease: Approximately 116 years


For a virtual tour please cut and paste the link to your browser: https://octavia.vr-360-tour.com/e/KdQBe8sHM20/e

Property Downloads
Floor Plan
Map
Wandsworth Town (0.54 miles) East Putney (0.63 miles) Southfields (0.85 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.

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  • 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.

£300,000
Shared Ownership Resale
Estimated Monthly Cost:£2,454
Rent £617
Service Charge £342
Mortgage £1,495

Share percentage 50%, full price £600,000, £15,000 Min Deposit. Calculated using a representative rate of 3.94%


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.