2 bedroom apartment for sale
Falcon Road, Battersea, SW11 2LR
Share percentage 30%, full price £575,000, £8,625 Min Deposit.
Share percentage 30%, full price £575,000, £8,625 Min Deposit
Monthly Cost: £2,085
Rent £910,
Service charge £214,
Mortgage £961*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Battersea, London
Description
Modern, bright & spacious two-bedroom apartment now available in Battersea, London, through Shared Ownership.
The property comprises a wide living room with a private balcony, an open-plan fitted kitchen, and two large bedrooms, with one having a second access to the patio. This could be ideal for a small family or couple.
The flat is on the first floor of a newly built construction (circa 2015 and it has a beautiful shared rooftop with furniture and table tennis tables; communal grounds and bike stores are also present.
Available for £172,500 for 30% share based on the marketing figure of £575,000.
Monthly rent - £910.05
Monthly Service Charge - £214.00
Total Monthly Charge - £1,124.05 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationThe flat is situated in the prominent area of Battersea, where major new developments have happened in recent years, including the newest shopping centre at the Battersea Power Station, about 20 minutes by direct bus.
This location also benefits from great transport links, thanks to Clapham Junction being within 4 minutes of walking distance. In Zone 1, London Victoria can be reached in 17 minutes from the property.
All local amenities are nearby as well as green areas such as the large Battersea Park. Several schools are nearby, many of which are within walking distance.
EPC ratingEnergy rating band - B
Environmental impact band - A
Gross internal floor area: 64 m²
Living room & kitchen: 7.62 x 4.37 m
Bedroom 1: 4.39 x 3.56 m
Bedroom 2: 2.90 x 2.59 m
Years remaining on lease: 120
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Two-bedroom apartment
- Prominent location
- Private balcony
- Modern building (2015)
- Available for 30% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £575,000, £8,625 Min Deposit. Calculated using a representative rate of 5.03%