1 bedroom apartment for sale
6 Riverlight Quay, Wandsworth, SW11 8EB
Share percentage 25%, full price £755,000, £9,438 Min Deposit.
Share percentage 25%, full price £755,000, £9,438 Min Deposit.
Monthly Cost: £1,741
Rent £661,
Service charge £4,
Mortgage £1,076*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if you follow the below steps:
- Registered with Wandsworth Council and have a home ownership reference number
- Register your interest (pink button on the right)
- Have a passed initial financial assessment with one of the below companies
- SRC Mortgage Solutions (https://www.srcmortgagesolutions.com/)
- TMP The Mortgage People (tmpmortgages.co.uk)
- Mortgage Advice Bureau | UK’s leading mortgage intermediary (https://www.mortgageadvicebureau.com)
- You live or work in the Borough of Wandsworth
- 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 £58054 and available savings of £9438 for a 5% mortgage deposit.
Wandsworth application form to register for priority https://www.wandsworth.gov.uk/housing/home-ownership/home-ownership-documents-and-forms/
Summary
Southern Housing are delighted to offer for sale this well-presented 1 bedroom 8th Floor Apartment at Riverlight Quay
Description
This large 632sgft apartment set within the exclusive Riverlight development, designed by the world renowned architects Rogers Stirk Harbour & Partners. Set at the heart of the eagerly anticipated cluster of developments on the waterfront, the architects behind Riverlight have planned an oasis of landscaped communal gardens and open space within this development. Together with the excellent existing public amenities of Battersea Power Station and Battersea Park, local transport links from Vauxhall and the new Nine Elms Tube station, Riverlight presents an opportunity to make the most of what London has to offer.
A highly sought after and spacious 9th floor apartment, in the heart of Wandsworth. It benefits from extremely well-proportioned living and bedroom areas, fitted kitchen and fully tiled bathroom along with a large balcony, from which you can enjoy views of the River Thames. This property is designed to a high spec, with an ultra-contemporary feel and benefits from a large master bedroom with a superb amount of storage, a large open plan, fitted kitchen & the lounge is light and airy, providing a great space for entertaining. The angled balcony provides exceptional views of the developments communal space. This development contains a resident only communal garden which is ideal for relaxing strolls. Riverlight has all the ingredients of the perfect London development.
Lease Term: 125 years from 1 January 2012
EPC Rating: B
Council: Wandsworth
Council tax band: E
Floor size:58m2
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.
Key Features
- Private Balcony
- Host of Onsite Amenities
- Battersea Power Underground Station 0.2 miles
- Nine Elms Station 0.4 miles
- Vauxhall Station 0.7 miles
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: E
Map
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 £755,000, £9,438 Min Deposit. Calculated using a representative rate of 5.26%
