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1 bedroom apartment for sale

Under Offer

Riverlight Quay, Nine Elms, SW11 8EB

£168,750 · Shared Ownership Resale

Share percentage 25%, full price £675,000, £16,875 Min Deposit.

Under Offer
1 bedroom
1 Bathroom
Private Balcony
Pets allowed
£168,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £675,000, £16,875 Min Deposit

Monthly Cost: £1,320
Rent £147, Service charge £336, Mortgage £837*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

One bedroom apartment for Shared Owndership available in Wandsworth

Description

We are pleased to present the opportunity to purchase a 25% share of this one-bedroom apartment in the popular Riverlight development in Wandsworth.

Located in Nine Elms on the River Thames, and minutes away from the rejuvenated Battersea Power Station offering an array of restaurants, bars, shops, and fitness studios – an amazing neighbourhood to call home.

Situated on the fifth floor, the beautiful views of Battersea Power Station from its floor-to-ceiling windows truly set this unit apart from others. Its West-facing aspect overlooking the river offers a tranquil feel, while its Zone 1 location and proximity to local amenities provide an inner-city lifestyle second to none.

Located in the heart of one of London’s most exciting urban areas, this property offers an amazing space to take a break from the city environment and have a moment of calm in your own space.

The large windows fill the rooms with light, giving a bright and spacious feeling while offering uninterrupted views of the city throughout.

The open-plan living area effortlessly flows onto the ample balcony that enjoys the afternoon sun.

Thoughtfully designed, the semi-separated kitchen area gives a spacious feeling, along with the separate bedroom, hallway and bathroom. Purpose-built cupboards and storage provide ample space for all of life’s essentials.

The new Battersea Power Station Tube Station is a five minute walk away, located on the Northern Line linking you to central London, the West End and London Bridge within minutes. Battersea Park Station is also a ten minute walk away, offering easy links to Gatwick Airport and beyond. Battersea Park is minutes from your doorstep and is perfect for a stroll or evening jog in one of London’s most beautiful green spaces.

Please note that the interested buyer will need to meet Southern Housing’s shared ownership criteria. Priority will be given to applicants who live and/or work in the London Borough of Wandsworth.

Key Features
  • Selling chain free
  • Views over river and Battersea Power Station
  • Modern development
  • 5th floor
  • 1 double bedroom
  • Sunny balcony
  • Dishwasher
  • Washing machine
  • Fridge-freezer
  • Under-floor heating
  • Double glazing
  • Excellent sound-proofing
  • Concierge
  • Landscaped communal gardens
  • Secured cycle storage
  • Minutes from Battersea Power Station and new Northern Line Tube station
  • Parking available but not included - Private car park in basement can be rented subject to additional charge and an application
  • Pets allowed subject to approval by management
Particulars

Tenure: Leasehold
Lease Length: 112 years
Council Tax Band: E

Property Downloads
Energy Certificate
Map
Battersea Power Station (0.21 miles) Battersea Park (0.51 miles) Queenstown Road (0.59 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Yes

Dishwasher: Yes

Fridge/Freezer: Yes

Parking: n/a

Outside Space/Garden: Yes - Private Balcony

Year property was built: 2016

Unit size: 51.8sqm

Accessible measures: No

Heating: Under Floor

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£168,750
Shared Ownership Resale
Estimated Monthly Cost:£1,320
Rent £147
Service Charge £336
Mortgage £837

Share percentage 25%, full price £675,000, £16,875 Min Deposit. Calculated using a representative rate of 4.42%


Private seller 413963
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.