1 bedroom apartment for sale

Available

Palladio Court, Mapleton Road, SW18 4GD

£178,750 · Shared Ownership Resale

Share percentage 55%, full price £325,000, £17,875 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£178,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 55%, full price £325,000, £17,875 Min Deposit.

Monthly Cost: £1,503
Rent £415, Service charge £181, Mortgage £907*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Eligibility

You will need to be earning a guidance income of £56,932. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £18,700. Total approximate savings required £22,700.

Important borough specific eligibility criteria

Wandsworth

Wandsworth will only accept applicants who have registered with Wandsworth Home Ownership and have been granted a reference number. You will not be able to book a viewing for this resale property unless you can provide your Wandsworth reference number. This property will only be allocated to registered applicants for a minimum of eight weeks.

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

One-bedroom first floor apartment in Wandsworth available through Shared Ownership 55% at £178,750.

Description

Internal

  • Entrance hallway
  • Bedroom
  • Living room / kitchen
  • Storage cupboard
  • Bathroom

External

  • Private balcony
  • Allocated parking space

GIA

40sqm

Lease

84 years remaining

EPC

C

Borough

Wandsworth

Key Features

Transport

  • Wandsworth Town (0.61 miles)
  • Earlsfield (0.75 miles)
  • Southfields (0.82 miles)

Local Area

Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities.

Particulars

Tenure: Leasehold
Lease Length: 84 years
Council Tax Band: C

Property Downloads
Floor Plan Energy Certificate
Map
Wandsworth Town (0.61 miles) Earlsfield (0.75 miles) Southfields (0.82 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£178,750
Shared Ownership Resale
Estimated Monthly Cost:£1,503
Rent £415
Service Charge £181
Mortgage £907

Share percentage 55%, full price £325,000, £17,875 Min Deposit. Calculated using a representative rate of 4.64%


Notting Hill Genesis Resales
View properties by this developer
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.