2 bedroom apartment for sale
22 Enterprise Way, Wandsworth, SW18 1SE
Share percentage 25%, full price £700,000, £8,750 Min Deposit.
Share percentage 25%, full price £700,000, £8,750 Min Deposit.
Monthly Cost: £2,494
Rent £1,136,
Service charge £372,
Mortgage £986*
Calculated using a representative rate of 5.15%
Calculate estimated monthly costs
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.
· 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 £56,166 - £88,048 and available savings of £8,750 for a 5% mortgage deposit.
Summary
Optivo are delighted to offer for sale this well-presented 3rd floor 2 bedroom flat in Wandsworth.
Description
The current market value is £700,000 for 100%. The minimum 25% share available is priced at £175,000, current rent payable £1,135.74 cm, rent is subject to annual reviews. Service charges are currently £372.47 pcm.
Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail resales@optivo.org.uk or the vendor Cathy - ct47@live.com.
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 now Southern Housing for the attention of Dani - ASAP - now on a first come first serve basis - must have viewed the property.
*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 £700,000
Share available and price 25% £175,000
Current rent payable £1,135.74
Monthly service charge £372.47
Lease term 125 years from 2016
EPC rating B83
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).
BATHROOMS
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.
Particulars
Tenure: Leasehold
Council Tax Band: Not specified
Property Downloads
Floor Plan BrochureMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 25%, full price £700,000, £8,750 Min Deposit. Calculated using a representative rate of 5.15%