2 bedroom apartment for sale

Available

22 Enterprise Way, Wandsworth, SW18 1SE

£162,500 · Shared Ownership Resale

Share percentage 25%, full price £650,000, £8,125 Min Deposit.

Available
2 bedrooms
2 Bathrooms
£162,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £650,000, £8,125 Min Deposit.

Monthly Cost: £1,664
Rent £547, Service charge £282, Mortgage £835*

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 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.

· You live or work in the property’s area

· To purchase this 25% minimum share you will need an average minimum joint household income of £50,638 and available savings of £8,125 for a 5% mortgage deposit.

Summary

Optivo are delighted to offer for sale this well-presented 2 bedroom 1st floor apartment in Wandsworth.

Description

The current market value is £650,000 The minimum 25% share available is priced at £162,500, current rent payable £547.31pcm, rent is subject to annual reviews. Service charges are currently £282.07pcm..

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 for the attention of Jan

Please note though that if a high volume of applications is received, the deadline might be brought forward.

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

Local information

This new cultural quarter will bring all the energy of a modern city. More than £50 million is being invested in Wandsworth and the new Ram Quarter will bring further retail, office and leisure facilities.

The setting couldn’t be better: landscaped piazzas, green lawns and riverside walkways, an Italian restaurant, shop and outstanding transport links within walking distance. What’s more, from here it’s easy to commute into the City by river, road or rail

Southside Shopping Centre, at the heart of this vibrant community, is home to a whole range of shops, places to eat, drink, work out and chill out. You’ll find Waitrose here, along with a Virgin Active gym and a 14-screen cinema. The City is easily accessible but this new riverside quarter has all the green, open space one would expect in a smart, suburban area.

There are lawns and planted areas, and Frenchman’s Square is lined with lime trees. Wandsworth Park, less than ½ mile away, has swathes of green open space and Battersea Park is within easy reach.

By rail, it’s a 6-minute journey from Wandsworth Town to Clapham Junction and only 16 minutes to London Waterloo. Take the Thames Clipper from Riverside Quarter’s pier and you can be at Putney Pier in 5 minutes or Chelsea Harbour in 10 minutes and at Westminster in under 45 minutes. Taking the tube from East Putney, you could be in Wimbledon in 9 minutes, Knightsbridge in about 20 minutes and the West End in less than half an hour. Prefer to walk? then Southside Shopping Centre is a 10-minute walk away and you could be in Wandsworth Park in just a few minutes. By road, the A3 provides a direct route to the South Coast and connects with the M25 and the national motorway network.

Key Features

Full market value £650,000

Share available and price 25% £162,500

Current rent payable £547.31

Monthly service charge £282.07

Lease term 125 years from 2006

EPC rating 78C

Features

KITCHEN

Symphony kitchen with Woodbury gloss finish cabinets and complementary worktop.

Integrated appliances including ceramic hob, cooker hood, oven, dishwasher, fridge/freezer and washer/dryer (some washer/dryers are located in hallway cupboard).

BATHROOM

Contemporary white bathroom suite.

Chrome-finish fittings.

Thermostatic bath/shower mixer.

Heated towel rail.

Fitted mirror.

Ceramic floor tiles.

CONNECTIVITY

TV points to living room and master bedroom.

Satellite connection to living room and master bedroom.

GENERAL

Wood-strip flooring to hallway and open plan living space

Carpeting to bedrooms.

Fitted wardrobes.

Lifts to upper floors.

Landscaped communal gardens.

ENERGY & SUSTAINABILITY

Heating and hot water is provided by high and low grade ‘district heating’ circuits.

The underfloor heating system is zoned with a temperature sensor and controls to each room.

PEACE OF MIND

CCTV.

Audio/visual door entry system.

Mains operated smoke detectors.

Heat detectors to the kitchens.

  • *SPECIFICATION note these have been provided from the original brochure so some items may not be the same.
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Brochure
Map
Wandsworth Town (0.36 miles) East Putney (0.68 miles) Putney Bridge (0.69 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.

£162,500
Shared Ownership Resale
Estimated Monthly Cost:£1,664
Rent £547
Service Charge £282
Mortgage £835

Share percentage 25%, full price £650,000, £8,125 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.