1 bedroom apartment for sale
Whitman Court, St Georges Grove, SW17 0FZ
Share percentage 30%, full price £340,000, £5,100 Min Deposit.
Share percentage 30%, full price £340,000, £5,100 Min Deposit.
Monthly Cost: £1,263
Rent £534,
Service charge £148,
Mortgage £581*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Tooting, London
Description
Modern & spacious one-bedroom apartment now available on the first floor of a popular development in the desired borough of Wandsworth, South West London.
Available through Shared Ownership, the property comprises a wide living room with open-plan fitted kitchen, large bedroom with fitted cupboards, and a contemporary bathroom. Off-road parking is provided by an allocated space, whilst the grounds contain communal gardens and bike storage.
Available for £102,000 for 30% share based on the marketing figure of £340,000.
Monthly rent - £534.47
Monthly Service Charge - £148.24
Total Monthly Charge - £682.71 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationThe property is ideally located between Tooting and Earlsfield, both providing a large range of restaurants, bars and shops. Access to central London is provided by both National Rail (Earlsfield) and Northern Line Tube (Tooting Broadway) stations. Springfield Village park, London's biggest new park since the Queen Elizabeth Olympic Park, is a only a minute's walk away.
EPC ratingEnergy rating band - B
Environmental impact band - B
Gross internal floor area: 46 m²
Living room & kitchen: 5.31 x 4.52 m
Bedroom: 4.72 x 2.46 m
Entrance Hall: 2.39 x 1.93 m
Years remaining on lease: 111
In certain cases, 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
- One-bedroom apartment
- Allocated parking space
- Great transport links
- Central London <1hr
- Available for 30% 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 30%, full price £340,000, £5,100 Min Deposit. Calculated using a representative rate of 5.26%
