2 bedroom apartment for sale

Available

Devonshire House, 50 Putney Hill, SW15 6DJ

£142,500 · Shared Ownership Resale

Share percentage 25%, full price £570,000, £14,250 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£142,500 Shared Ownership Resale

Share percentage 25%, full price £570,000, £14,250 Min Deposit.

Monthly Cost: £1,792
Rent £932, Service charge £246, Mortgage £614*

Calculated using a representative rate of 3.09%

Calculate estimated monthly costs

£
Summary

A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A well-presented, first-floor apartment which has a reception room with stylish, semi-open-plan kitchen and access to a balcony that provides a delightful view, south-west, over the communal garden. There is a spacious main bedroom with fitted wardrobe plus a second comfortable double bedroom and a simple yet stylish bathroom. Devonshire House is part of a modern development, just minutes from Putney Station (National Rail - towards Clapham Junction/Waterloo) and East Putney (District line). North is Putney High Street and the Thames, to the South, the green spaces of Putney Heath and only slightly further away, Wimbledon Common and Richmond Park. The block is built to high standards of energy-efficiency and features a communal heating and hot water system. Residents of the block can enjoy use of the concierge service, gymnasium and a roof terrace with far-reaching views of the London skyline.

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM https://tinyurl.com/fsdnhjke

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association:A2Dominion.
Tenure:Leasehold (155 years from 2011).
Minimum Share:25% (£142,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent:£931.57 per month (subject to annual review).
Service Charge:£246.27 per month (subject to annual review).
Guideline Minimum Income:Dual - £62,250 | Single - £70,500 (based on minimum share and 10% deposit).
Council Tax:Band F, Wandsworth (£1297.39 for 2022-23). Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.

Key Features
  • Guideline Minimum Deposit £14,250
  • Guideline Income Dual £62.3k | Single £70.5k
  • First Floor with Balcony
  • Approx. 700 Sqft Gross Internal Area
  • Communal Heating/Hot Water
  • Concierge and Residents' Gym
  • Communal Roof Terrace
  • Minutes from Putney Station
Property Downloads
Floor Plan Brochure Energy Certificate
Map
Putney (0.27 miles) East Putney (0.30 miles) Putney Bridge (0.82 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.

£142,500
Shared Ownership Resale
Estimated Monthly Cost:£1,792
Rent £932
Service Charge £246
Mortgage £614

Share percentage 25%, full price £570,000, £14,250 Min Deposit. Calculated using a representative rate of 3.09%


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.