3 bedroom apartment for sale

Available

2 Roan Gardens, CR4 3GD

£205,000 · Shared Ownership Resale

Share percentage 50%, full price £410,000, £10,250 Min Deposit.

Available
3 bedrooms
1 Bathroom
£205,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £410,000, £10,250 Min Deposit.

Monthly Cost: £1,538
Rent £342, Service charge £142, Mortgage £1,054*

Calculated using a representative rate of 4.24%

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.
  • To purchase this 50% minimum share you will need a minimum joint household income of £TBC and available savings of £10,250 for a 5% mortgage deposit.

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 by asap.

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

Summary

Optivo are delighted to offer for sale this modern 3 bedroom second floor apartment

Description

Description:

This well presented property is located in a small residential complex with gated parking and privately owned parking bay. It boasts a lovely open plan reception area and kitchen, cloakroom/WC, three bedrooms and bathroom/WC.

Local Information:

  • Close to all local amenities, including supermarkets (Asda and Lidl) and great shopping outlets within Tandem Centre which is only a 6 minute drive away.
  • 20 minute walk to Colliers Wood tube station and Mitcham Eastfield train station with southern trains direct to Central London.
  • Lavender Park is nearest open space where families will find a football pitch, two playgrounds- Lavender Steers Mead Children’s Amusement centre,a small park and a GP within 1 minute walking distance as well as tennis courts as well as Figges Marsh park with a green open space and free outdoor gym.
Key Features
  • Double glazed windows
  • Gas central heating
  • Allocated parking space
  • Communal gardens
  • Locked bike shed
  • Close to large open green spaces
  • Good public transport links
  • Prime commuter location, very close to Wimbledon, easy access to Clapham, and Croydon
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Brochure Energy Certificate
Map
Mitcham Junction (0.85 miles) Mitcham Eastfields (0.89 miles) Morden (1.01 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 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.

£205,000
Shared Ownership Resale
Estimated Monthly Cost:£1,538
Rent £342
Service Charge £142
Mortgage £1,054

Share percentage 50%, full price £410,000, £10,250 Min Deposit. Calculated using a representative rate of 4.24%


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.