2 bedroom apartment for sale
Jacquard Apartments, SW18 4PQ
Share percentage 25%, full price £650,000, £16,250 Min Deposit.
Share percentage 25%, full price £650,000, £16,250 Min Deposit.
Monthly Cost: £2,167
Rent £863,
Service charge £479,
Mortgage £825*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Private balcony / within building warranty / extra storage to hallway
Description
Shared Ownership
Full Market Value: £650,000
Share Value (25%): £162,500
Monthly Rent: £862.65
Service Charge: £478.65
Council Tax Band: E
250 year lease commenced February 2016 - 241 years remaining
EWS1 certification is available for this property
L&Q welcomes you to view this two bedroom, eleventh floor apartment.
Thisbright andspacioustwo bedroom apartment consistsof astylishopen-plan kitchen and living area, flooded with natural light from wide floor-length windows and access to a private balcony. The kitchen is fitted with matt grey wall and base units, with under-cupboard lighting, and a white stone effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Spacious main double bedroom benefitting from built-in storage cupboards. Bright and airy second double bedroom with floor-length windows and built in storage. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. Additional 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.
This apartment is situated in the lively hub of South West London, located close to Southside Shopping Centre. It is surrounded by local schools and services and an eclectic mix of shops, pubs, and restaurants.
Wandsworth is well served by both trains and buses, making it an easy commute into central London. Wandsworth Town station (zone 2) is a 4 minute walk away and connects to Waterloo directly, with services taking under 15 minutes.
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 £80,228. 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.
*APPLICANTS MUST BE LIVING OR WORKING WITHIN THE WANDSWORTH BOROUGH AND REGISTERED WITH THE LOCAL AUTHORITY HOMEBUY TEAM*
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 April 2024
Key Features
- Private balcony
- two double bedrooms with built in storage
- Open plan kitchen, dining and living area
- Extra storage to hallway
- Within building warranty
- Long lease length
Particulars
Tenure: Leasehold
Lease Length: 241 years
Council Tax Band: E
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 25%, full price £650,000, £16,250 Min Deposit. Calculated using a representative rate of 4.64%
