2 bedroom apartment for sale


Discovery House, Juniper Drive, SW18 1UY

£357,500 · Shared Ownership Resale

Share percentage 65%, full price £550,000, £89,375 Min Deposit.

2 bedrooms
£357,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 65%, full price £550,000, £89,375 Min Deposit.

Monthly Cost: £2,253
Rent £537, Service charge £272, Mortgage £1,444*

Calculated using a representative rate of 4.19%

Calculate estimated monthly costs

You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.

Well-presented 2-bedroom third floor apartment with a private balcony, secure cycle storage is now available in Wandsworth.

Property reference number: 1438
Discovery House is a 2-bedroom property located on the third floor of a ten storey apartment. The third floor apartment comes with a private balcony, secure cycle storage and a communal courtyard with a play area. The lease remaining on the property is 120 years.

The property is situated just moments from the famous River Thames with great transport links including Wandsworth Town Train Station, served by the National Rail and Clapham Junction Station. Local buses serve the area with links to central London.

The property benefits from various local amenities with a Tesco Express located 0.2 miles away including a variety of shops, bars and restaurants all within convenient walking distance.
  • Nearest Station: Wandsworth Town 0.4 miles away, Clapham Junction & Putney Bridge
  • Bus routes nearby: 28, 44, 295, C3, N28, 424, 37
The property located on the third floor comprises:
  • Spacious living area with lots of natural light and open plan kitchen
  • Integrated Zanussi appliances; fridge freezer, dishwasher and washer/dryer
  • Private balcony
  • Communal courtyard with a play area
  • Secure underground cycle storage. 
Financial information
  • Tenure: Leasehold
  • Remaining Lease Term: 120 Years
  • Annual ground rent amount: £600
  • Ground rent review period
  • Annual service charge amount: £3,268.68
  • Service charge review period: 1st April annually
  • Council tax band: Band
What is Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more. 
What happens after I register my interest?
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact href="https://enquiries@peabodynewhomes.co.uk">enquiries@peabodynewhomes.co.uk  and our team will be able to help you.
*Financial information correct as of 21.11.2023

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: E

Wandsworth Town (0.26 miles) Clapham Junction (0.59 miles) Imperial Wharf (0.77 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.

Read More Read Less
  • 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.

Shared Ownership Resale
Estimated Monthly Cost:£2,253
Rent £537
Service Charge £272
Mortgage £1,444

Share percentage 65%, full price £550,000, £89,375 Min Deposit. Calculated using a representative rate of 4.19%

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.