1 bedroom apartment for sale
5 Greyfriars Lodge, 2 Bylands Close, SM4 6GB
Share percentage 45%, full price £275,000, £6,188 Min Deposit.
Share percentage 45%, full price £275,000, £6,188 Min Deposit
Monthly Cost: £1,373
Rent £539,
Service charge £145,
Mortgage £689*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Your annual income must be £90,000 or below
- You cannot currently own another property
- You are not able to purchase on the open market
Summary
Well presented 1-bedroom apartment available in Morden for Shared Ownership Resale
Description
Well-presented 1-bedroom apartment available in Morden for Shared Ownership Resale!
Red Loft are proud to present this 1-bedroom apartment available in Morden through Shared Ownership Resale on the first floor. This property boasts an open plan kitchen/living area with modern built-in appliances. The property has lots of natural light, a large double bedroom, a spacious bathroom with a shower and bath unit, and plentiful communal parking. The property also has access to its own private cycle storage.
Location
Located within close proximity to Morden town centre with its great transport links into London and a good selection of bars and shopping facilities. The property is also situated close to other local amenities, such as St Helier Open Space, St Helier Hospital, and David Weir Leisure Centre. There is direct access to Wimbledon town centre via Tram links, with further transport links and a large array of bars, restaurants, and shopping boutiques. Located just a 9-minute drive from Morden Station, residents are connected to London Bridge Station via the Northern Line Tube in just 32 minutes.
Scheme Information:
- Leasehold
- 119 years remaining (from 2019)
- Council Tax Band: C
- EPC Rating: C
- Shares from 45%
Key Features
- 1-bedroom
- First floor
- Open-plan kitchen/living area
- Built in appliances
- Large, modern bathroom
- Large double bedroom
- Parking
- Cycle storage
Particulars
Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: C
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a
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 45%, full price £275,000, £6,188 Min Deposit. Calculated using a representative rate of 5.03%
