1 bedroom apartment for sale
Sheen House, 87 Roehampton Lane, SW15 5FL
Share percentage 25%, full price £380,000, £4,750 Min Deposit.
Share percentage 25%, full price £380,000, £4,750 Min Deposit.
Monthly Cost: £1,239
Rent £634,
Service charge £117,
Mortgage £488*
Calculated using a representative rate of 4.24%
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.
· 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 £46,309 and minimum available savings of £4,750 for a 5% mortgage deposit.
Summary
Optivo are delighted to offer for sale this well-presented one-bedroom flat in Roehampton Wandsworth.
Description
The current market value is £380,000 for 100%. The minimum 25% share available is priced at £95,000, current rent payable £634.49 pcm, rent is subject to annual reviews. Service charges are currently £ 117.33 pcm.
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 southern housing
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 part of London has always managed to retain its village feel, Roehampton is surrounded by areas such as Putney with its high street shops that will provide you with your everyday needs without having to venture to far from home. Barnes with its main street which is filled with fascinating speciality shops and Richmond where you can stroll along the towpath next to the Thames, take a boat or relax with a drink on one of the riverside terrace bars.
Key Features
• Fantastic one bedroom fourth floor flat
• Superb living space
• Bright dual-aspect reception room
• Stylish open-plan kitchen
• Modern bathroom
• Private balcony
• Bike storage
• Private dedicated outside parking spot
Kitchen
Contemporary fully fitted kitchen with under cupboard lighting
Laminate worktop
Hotpoint stainless steel electric single oven and ceramic hob.
Bathroom
Contemporary white bathroom suite with chrome mixer tap.
Thermostatic shower over bath
Heated towel rail.
Heating & Electrical
Electric heating and hot water system with radiators in each room
Smoke detectors
Spotlights throughout
TV (including sky+) and BT points in living room and bedroom.
General
White interior doors
Laminated limber floor to Kitchen, Livingroom and hallway
Video phone entry system.
Secure bicycle store.
Lease term 115 years
EPC rating B83
Particulars
Tenure: Leasehold
Council Tax Band: Not specified
Property Downloads
Key Information Document 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 £380,000, £4,750 Min Deposit. Calculated using a representative rate of 4.24%
