1 bedroom apartment for sale
Windsor house, Throwley Way, SM1 4AF
Share percentage 35%, full price £315,000, £5,513 Min Deposit.
Share percentage 35%, full price £315,000, £5,513 Min Deposit.
Monthly Cost: £1,233
Rent £452,
Service charge £153,
Mortgage £628*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
· You have a gross household income of no more than £90000 per annum when eligible to purchase.
· Live or work in the borough
· You are unable to purchase a suitable home to meet your housing needs on the open market. (Shares cannot be purchased in cash unless you are unable to obtain a mortgage due to age or religious grounds)
· You do not already own a home, or you will have sold your current home before you purchase or rent.
· To purchase this 35% minimum share you will need a minimum joint household income of £42926 and available savings of £5513 for a 5% mortgage deposit.
Summary
Southern Housing are delighted to offer for sale this well-presented 1 bedroom 3rd Floor Apartment
Description
Immaculate 1 bed property which is ideal for those wishing to get onto the London property market.
This property comprises of a bright reception/kitchen area, generously sized rooms family sized bathroom & balcony.
Due to the estimated high demand for this property, viewing asap is strongly advised.
For residents who have an electric car, there are electric charging points.
Accommodation:
Hallway
1 Bedrooms
Lounge
Kitchen
Bathroom
Balcony
Lease Term: 125 years from and including 1 March 2020
EPC Rating: B
Council: Sutton
Council tax band: C
Floor size:51 m2
Viewings by appointment only. Please note Social Distancing measures need to be followed. Please contact resales via e-mail dionne.lester@southernhousing.org.uk or resales@southernhousing.org.uk for the vendors details.
Once you have viewed the property, if you wish to apply, application form attached to the viewing email, need to be returned to Southern Housing by ASAP
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.
For more information please visit https://www.optivo.org.uk/sales
Key Features
Very short walking distance to supermarkets, restaurants, shops & amenities.
Fantastic transport links into London & South East.
NEAREST STATIONS
Sutton (Surrey) Station
0.4 miles
West Sutton Station
0.5 miles
Sutton Common Station
0.7 miles
NEAREST SCHOOLS
Robin Hood Junior School
State School
Ofsted: Good
0.1 miles
Sutton Grammar School
State School
Ofsted: Good
0.2 miles
Manor Park Primary Academy
State School
Rating: N/A
0.3 miles
The Limes College
State School
Rating: N/A
0.3 miles
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: C
Property Downloads
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 35%, full price £315,000, £5,513 Min Deposit. Calculated using a representative rate of 5.26%
