2 bedroom apartment for sale

Available

Riverlight Quay, Battersea, SW11 8EB

£220,000 · Shared Ownership Resale

Share percentage 25%, full price £880,000, £11,000 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Balcony/Terrace
£220,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £880,000, £11,000 Min Deposit.

Monthly Cost: £1,897
Rent £504, Service charge £262, Mortgage £1,131*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs

£
Eligibility

Eligibility

You may be eligible for this property if:

· If you live or work in the borough

· 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.

· To purchase this 25% minimum share you will need a minimum joint household income of £65,000 and available savings of £11,000 for a 5% mortgage deposit.

Summary

Fantastic large 2 bed Property within highly sort after Riverlight Quay

Description

Stylish 2 bed modern apartment for sale located on the 8th floor, within the highly sort after Riverlight development.

This property is fitted with an high spec kitchen, attached to a well-lit large reception room.

The contemporary bathroom is perfect for the family & ideal for those who like to relax.

The two well-lit generous size bedrooms contain inbuilt storage, make rooms airy & have an contemporary feel.

This property benefits form a large balcony providing memorizing views.

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 6th October 2022

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.

Key Features

Close to local amenities and shops.

Short walk from Nine elms

There are restaurants and amenities in the new Battersea Power Station development, alongside coffee shops and supermarkets in Riverlight Quay development and the Embassy Gardens’ development 3 minutes walk.

There is also an onsite nursery at Riverlight Quay development and excellent schools available in the area including “outstanding’ Chesterton Primary School and nearby well known independent Thomas’s Battersea.

Transport

Battersea Power Underground Station

0.3 miles

Nine Elms Station

0.4 miles

Pimlico Station

0.5 miles


Schools

St Gabriel's CofE Primary School

State School

Ofsted: Good

0.3 miles

St George's CofE Primary School

State School

Ofsted: Good

0.4 miles

Churchill Gardens Primary Academy

State School

Ofsted: Good

0.4 miles

Pimlico Primary

State School

Ofsted: Outstanding

0.4 miles

Particulars

Tenure: Leasehold
Council Tax Band: Not specified

Property Downloads
Brochure
Map
Battersea Power Station (0.21 miles) Battersea Park (0.51 miles) Queenstown Road (0.59 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.

£220,000
Shared Ownership Resale
Estimated Monthly Cost:£1,897
Rent £504
Service Charge £262
Mortgage £1,131

Share percentage 25%, full price £880,000, £11,000 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.