2 bedroom apartment for sale
Balham High Road, SW17 7AA
Share percentage 25%, full price £365,000, £9,125 Min Deposit.
Share percentage 25%, full price £365,000, £9,125 Min Deposit.
Monthly Cost: £1,097
Rent £458,
Service charge £176,
Mortgage £463*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £37,241. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£9,250.Total approximate savings required £13,250.
Important borough specific eligibility criteria: Borough of Wandsworth
Wandsworth will only accept applicants who have registered with Wandsworth Home Ownership and have been granted a reference number. You will not be able to book a viewing for this resale property unless you can provide your Wandsworth reference number.
Applicants must be earning under£90,000to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Two-bedroom second floor apartment in Wandsworth available through Shared Ownership 25% at £91,250.
Description
Ground Floor:
- Entryphone system
- Communal Stairwell.
Second Floor:
- First bedroom
- Second bedroom
- Hallway
- Bathroom with WC
- Reception room with separate kitchen
GIA
53sqm
Lease
EPC
C
Borough
Wandsworth
Key Features
Local Area
Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities.
Transport
- Tooting Bec (0.09 miles)
- Balham (0.57 miles)
- Tooting Broadway (0.76 miles)
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
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 £365,000, £9,125 Min Deposit. Calculated using a representative rate of 4.64%
