1 bedroom apartment for sale
Trevelyan Road, London, SW17 9LN
Share percentage 55%, full price £380,000, £10,450 Min Deposit.
Share percentage 55%, full price £380,000, £10,450 Min Deposit.
Monthly Cost: £1,770
Rent £419,
Service charge £160,
Mortgage £1,191*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in London, Greater London
Description
A modern one bedroom flat, located on the 1st floor of a 4-storey building.
Only a 6 minute walk away from Tooting High Street, the flat is close to a variety of amenities, including a 24 hour gym, a wide range of shops, cafes, bars and restaurants, a large supermarket, and plenty of parks and open spaces.
The property is very well connected, and is only a 9 minute walk to Tooting Broadway station, and a 13 minute walk to Colliers Wood Underground station. The travel time to the centre of London from both of these stations is under 25 minutes.
Minimum income required: £73,181
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £209,000 for 55% share based on the marketing figure of £380,000.
Monthly rent - £418.89
Monthly Service Charge - £159.97
Total Monthly Charge - £578.86 plus mortgage required for 55% share.
An annual rent increase takes place every April
EPC ratingEnergy Efficiency Rating - B
Lease informationYears remaining on lease: 90
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
Particulars
Tenure: Not specified
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 55%, full price £380,000, £10,450 Min Deposit. Calculated using a representative rate of 5.26%
