Share percentage 30%, full price £325,000, £9,750 Min Deposit.
Monthly Cost: £1,231
Rent £515,
Service charge £221,
Mortgage £495*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £ 39,841. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £ 9750. Total approximate savings required £13,750.
Important borough specific eligibility criteria
Wandsworth
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
11th Floor studio apartment in the London borough of Wandsworth for £ (30 %) £ 97,500 share price of £325,000 (full market price), available through Shared Ownership.
Description
This well maintain studio apartment is situated on the 11th floor of a modern purpose built building, and is perfectly located in Battersea within a reasonable distance of transport links into central London and shopping facilities.
11th Floor
Studio room with Kitchen area, Bathroom with WC
GIA
30sqm
Accessibility rating
F
EPC rating
C
Length of lease
112 years remaining
Borough
Wandsworth
Key Features
- 24 Hour Concierge Service
- Building Insurance Included in Service Charge
- Water Included in Service Charge
- Lift access
- Secure Underground Parking – rental spaces available
Location
Chelsea Bridge Wharf is within easy reach of bars, restaurants and boutiques on the trendy King's Road as well as the Thames Clipper from Battersea Power Station and the Power Station also for it’s bars, restaurants, and cinema. The green open spaces of Battersea Park are also close by, while London's wealth of galleries, theatres, museums and auction houses put a rich cultural life within easy reach.
Local Transport
- Battersea Park (Overground & Southern Rail) - 0.4mi
- Sloane Square Underground Station (District & Circle lines) - 1.0mi
- Victoria train and coach stations are approx 10min by bus - 1.3mi
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 30%, full price £325,000, £9,750 Min Deposit. Calculated using a representative rate of 4.64%
