1 bedroom apartment for sale

Available

Tileman House, 137 Upper Richmond Road, SW15 2TX

£157,500 · Shared Ownership Resale

Share percentage 30%, full price £525,000, £7,875 Min Deposit.

Available
1 bedroom
Communal Garden
£157,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £525,000, £7,875 Min Deposit.

Monthly Cost: £1,544
Rent £395, Service charge £339, Mortgage £810*

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.
  •  

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

To book a viewing please register your interest in this property and Optivo will contact you shortly.

For more information about this property please email resales@optivo.org.uk

Summary

1 Bedroom Flat with Communal Gardens Situated in Putney

Description

Optivo are delighted to offer for sale this well-presented one bedroom third floor flat in the very heart of Putney which features spacious open plan living and kitchen space, as well as access to a wonderful south facing communal garden.

All dimensions and areas are approximate and in accordance with the definition set out in the current RICS Standard Code of Measuring Practice.

This property is on the THIRD FLOOR . The accommodation is arranged as follows (all measurements taken by us on site are approximate and for identification purposes only):-

Entrance Hall: with two storage cupboards, one with plumbing for washing machine

Bathroom:1.90m x 1.80 with panelled bath, shower over, washbasin and WC

Living Room:4.12m x 3.81m, with full height windows open plan

Kitchen: 2.06m x 3.43m fitted with a range of floor and wall units with integrated appliances.

Bedroom: 5m x 2.80m including built in Wardrobe, with full height window.

The appropriate gross internal area is 52m².

All mains services are connected to the property. Heating and hot water are via a communal system to the block.

Location:

Tileman House is situated on the south side of Upper Richmond Road (A205 South Circular Road) very close to its junction with Putney High Street (A219).

The character of the area is a mixture of medium to high rise blocks of flats, with commercial users on the lower floors, along the main thoroughfares, with terraces of Victorian houses and 1960/70 3/4 storey blocks of flats on the side roads. Comprehensive shopping and amenities can be found along this stretch of Upper Richmond Road and Putney High Street. We have been advised that the development is a no permit parking scheme (from the council) with limited underground parking spaces – the subject property does not benefit from a space. Pay & Display/Pay by Phone parking is available on the side roads. However, the development is served well by public transport. Putney (South West Trains) mainline station is within 100m to the north. East Putney TfL (district line) station is just over ¼ mile to the east. Many bus routes serve the area.

Full market value - £525,000
Share available and price - 30% at £157,500
Current rent payable - £394.91
Monthly service charge - £348
Lease term - 125 years from commencement date 01/01/2016
EPC rating - B84

Key Features

1 Bedroom Flat

Open Plan Living room/Kitchen

Excellent Location

Long Lease

Close to Amenities

Excellent Transport Links

Particulars

Tenure: Not specified
Council Tax Band: Not specified

Map
Putney (0.10 miles) East Putney (0.19 miles) Putney Bridge (0.60 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.

£157,500
Shared Ownership Resale
Estimated Monthly Cost:£1,544
Rent £395
Service Charge £339
Mortgage £810

Share percentage 30%, full price £525,000, £7,875 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.