2 bedroom apartment for sale
Cavendish Road, London, SW19 2FL
Share percentage 25%, full price £450,000, £5,625 Min Deposit.
Share percentage 25%, full price £450,000, £5,625 Min Deposit.
Monthly Cost: £2,370
Rent £1,287,
Service charge £442,
Mortgage £641*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in London, Greater London
Description
Stunning, modern two-bedroom apartment in Colliers Wood, Southwest London, available for Shared Ownership. The property is on the first floor and comprises a private entrance hall with fitted storage, an open plan kitchen/living/dining area with a private balcony, two bright and spacious bedrooms, and a bathroom. The property benefits from residing in a great location with generous travel links to the rest of London and beyond and access to local amenities. The perfect first home.
Key Information Document
Available for £112,500 for 25% share based on the marketing figure of £450,000.
Monthly rent - £1287.30
Monthly Service Charge - £441.94
Total Monthly Charge - £1,729.24 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is close to local amenities, cafés, and restaurants, and is positioned just behind a local supermarket. The property is also close to a National Trust Park, a large hospital and local shops, together with a wider range of facilities and amenities in Wimbledon within walking distance. The area is well-served by transport links, with Colliers Wood London Underground Station only steps away, with access to the Northern Line. Central London can be reached in about half an hour.
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 69 m²
Living room & kitchen: 7.54 x 4.32 m
Bedroom 1: 4.57 x 3.02 m
Bedroom 2: 4.52 x 2.59 m
Years remaining on lease: 119
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
- Modern building (2017)
- Excellent transport links
- Close to a large hospital
- Available for 25% share
- 5% minimum deposit only
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 25%, full price £450,000, £5,625 Min Deposit. Calculated using a representative rate of 5.26%