2 bedroom apartment for sale
Mizen Heights, SW19 2FG
Share percentage 35%, full price £480,000, £16,800 Min Deposit.
Share percentage 35%, full price £480,000, £16,800 Min Deposit.
Monthly Cost: £2,157
Rent £926,
Service charge £379,
Mortgage £852*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Good EPC Rating, Long Lease Term, Communal Roof Terrace
Description
Shared Ownership
Full Market Value: £480,000
Share Value (35%): £ 168,000
Monthly Rent: £926.29
Service Charge: £379.03
Council Tax Band: D
125 year lease commenced December 2017 - 119 years remaining
EWS1 Certification is available for this property.
L&Q welcomes you to view this two bedroom, fifth floor apartment.
Thisbright andspacioustwo bedroom apartment consistsof astylishopen-plan kitchen and living area, flooded with natural light from wide floor-length windows and door to private balcony. The kitchen is fitted with cream gloss wall and base units, and oak effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Tw spacious double bedrooms, the main double bedroom benefitting built-in wardrobes and an en-suite. The bathroom comes complete with a white three-piece suite with a shower over bath and a tile surround. Large double storage cupboard in hallway.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Colliers Wood is on the Northern line with a journey time to Bank of 25 minutes and Tottenham Court Road of 27 minutes. Haydons Road is part of the Thameslink service, with trains reaching Blackfriars in around 27 minutes and St Pancras in 40 minutes.Local bus services take minutes to reach Wimbledon or Tooting.
With the river Wandle running through its heart, green space is one of Colliers Wood'sgreat advantages with a riverside wander taking in Wandle Park, Wandle Meadow Park and the National Trust-owned Morden Hall Park.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £79,957. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.comand register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of February 2024.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
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 35%, full price £480,000, £16,800 Min Deposit. Calculated using a representative rate of 4.64%
