1 bedroom apartment for sale
Riverlight Quay, Battersea, SW11 8EA
Share percentage 25%, full price £725,000, £9,063 Min Deposit.
Share percentage 25%, full price £725,000, £9,063 Min Deposit.
Monthly Cost: £1,642
Rent £605,
Service charge £4,
Mortgage £1,033*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
· 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 have a gross household income of no more than £80000 per annum when eligible to purchase.
· Within the first 8 weeks, priority will only be given to applicants who live or work in the Wandsworth Borough who are registered with Wandsworth Borough Council, if you are not yet registered you will not be considered as a priority - please contact the Council to register.
· You are unable to purchase a suitable home to meet your housing needs on the open market. (Shares cannot be purchased in cash unless you are unable to obtain a mortgage due to age or religious grounds)
· 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 £67,530 and available savings of £9,063 for a 5% mortgage deposit.
Summary
Southern Housing are delighted to offer this 1 bedroom, 1 bath flat ar Riverlight quay
Description
Features and Description: 1 bedroom, 1 bathroom and winter garden with river views, Battersea
Power Station within a 5 minute walk. 24 hour concierge, and private parking rental spaces available within the complex.
A 1 bedroom, 1 bathroom apartment with winter garden is set over approximately 576 sq ft
on the 9 floor of the river facing side of the building.
EPC Rating: B - 84
Council: Wandsworth Council
Council tax band: F
Size of property: approx 576 sq ft/53.5 sq m.
Key Features
Riverlight Quay is perfectly located for transport links, 200 metres or 4 minute walk to the new Battersea Power Station underground, and Vauxhall underground/overground Station within an 8 minute walk. For other overground stations, both Queenstown road and Battersea Park station are also within 8 minutes.
The historical Grade II listed Battersea Power Station nearby is newly regenerated to include a community of homes, shops, bars, restaurants, cafes, cinema, and over 19 acres of public space, all within walking distance of the property. Battersea park is also a 10 minute walk away.
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: F
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 £725,000, £9,063 Min Deposit. Calculated using a representative rate of 5.26%
