2 bedroom apartment for sale
Hurley Court, SW17 9DE
Share percentage 50%, full price £450,000, £22,500 Min Deposit.
Share percentage 50%, full price £450,000, £22,500 Min Deposit
Monthly Cost: £2,052
Rent £705,
Service charge £211,
Mortgage £1,136*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Two bedroom purpose built apartment in Tooting
Description
SHARED OWNERSHIP
Full market value - £450,000
You pay (50%) - £225,000
Monthly rent - £704.55
Service charge - £210.71
Annual Ground rent - £0
125 year lease commenced July 2003 - (103 Years Remaining)
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
APPLICANTS MUST BE LIVING OR WORKING IN WANDSWORTH AND REGISTERED WITH THE LOCAL AUTHORITY HOMEBUY TEAM
Enter this apartment via a spacious hallway with storage. The open plan living area, which opens onto a private east facing balcony, incorporates a kitchen with integrated oven, hob and extractor and spaces for white goods. Completing the accommodation are two double bedrooms and a modern bathroom with P-shaped bath.
Tooting Broadway is less than 10 minute's walk away offering a range of high street stores. Sainsbury's local is directly across the road from the development and there is a large Sainsbury's at Tooting Broadway station. If you like to keep fit, there is a fully equipped gym directly opposite the property. There is also a Post Office, corner shop, and public houses within half a mile of the development. Taking the Northern Line, it's just about 4 minutes to Balham and about six minutes to Wimbledon. Take the bus and underground to Morden; the journey is approximately 22 minutes while traveling to Oxford Circus from Tooting Broadway on the tubes takes approximately 25 minutes. If you want to get to London Bridge from Tooting Station, it's approximately 36 minutes by bus and train and the journey time to London Waterloo is around 30 minutes by rail. The area is served by several bus routes that travel to a wide variety of destinations including Streatham, Putney, Waterloo, and Brixton.
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 £76,527. If you are offered the property, 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 lqhomes.com and 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 April 2025.
Key Features
- Storage cupboards in hallway
- Economy 7 electric heating
- Bicycle storage
- Communal roof terrace
Particulars
Tenure: Leasehold
Lease Length: 103 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Communal Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 50%, full price £450,000, £22,500 Min Deposit. Calculated using a representative rate of 4.59%