2 bedroom apartment for sale

Available

Macaulay Road, SW4 0QP

£250,250 · Shared Ownership Resale

Share percentage 35%, full price £715,000, £25,025 Min Deposit.

Available
2 bedrooms
2 Bathrooms
£250,250 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £715,000, £25,025 Min Deposit.

Monthly Cost: £2,391
Rent £827, Service charge £294, Mortgage £1,270*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if: You have a gross household income of no more than £90,000 per annum. 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.

Summary

A special opportunity to get on the property ladder with this fantastic two-bedroom apartment in the heart of Clapham Old Town.

Description

A special opportunity to get on the property ladder with this fantastic two-bedroom apartment in the heart of Clapham Old Town. This second-floor home that incorporates contemporary architectural style is in a purpose build development by award winning Assael Architects, with interiors by prime residential interior specialists.

The apartment boasts underfloor heating, ensuring warmth during chilly winter days. The living space is adorned with oak wide-plank boards, lending the place a lively charm. The main bedroom comes with an en-suite bathroom and both bedrooms feature fitted wardrobes. Notably, the apartment utilizes a communal gas boiler with a heat interface unit, eliminating the need for individual gas boilers and significantly reducing carbon emissions throughout the building.

The kitchen is a contemporary design, featuring integrated appliances, white matt cabinetry with dove grey interiors, and a painted glass splashback. For sunny days, residents can unwind on their private balcony, enjoying the perfect blend of style and comfort.

Area

Clapham common is a vibrant and historic district located in the London Borough of Lambeth. Known for its distinctiv character, this area offers a unique blend of traditional and modern amenities.
The area is home to a variety of independent shops, boutiques, cafes, and restaurants, creating a lively and diverse atmosphere. Residents and visitors can enjoy a range of culinary delights, from trendy brunch spots to pubs offering classic British fare. Clapham Common, one of London's largest and most popular parks, is nearby, providing ample green space for outdoor activities, picnics, and leisurely strolls. The common is also a hub for sports enthusiasts, offering facilities for tennis, football, and other recreational activities.

Transportation in Clapham Old Town is convenient, with Clapham Common Underground station providing access to the Northern Line, connecting residents to central London and other parts of the city. There are also several bus routes serving the area, enhancing its connectivity.

Key Features

Fitted wardrobes to both bedrooms.
Electronic fob-controlled access points linked to video phone entry system.
Textured porcelain tile to bathrooms
Door viewer and security chain to front doors
Integrated waste and recycling bins

Particulars

Tenure: Leasehold
Lease Length: 115 years
Council Tax Band: B

Map
Clapham Common (0.26 miles) Wandsworth Road (0.45 miles) Clapham High Street (0.46 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.

£250,250
Shared Ownership Resale
Estimated Monthly Cost:£2,391
Rent £827
Service Charge £294
Mortgage £1,270

Share percentage 35%, full price £715,000, £25,025 Min Deposit. Calculated using a representative rate of 4.64%


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.