1 bedroom apartment for sale
Heathfield Square, Wandsworth, SW18 3HY
Share percentage 40%, full price £360,000, £7,200 Min Deposit.
Share percentage 40%, full price £360,000, £7,200 Min Deposit
Monthly Cost: £1,417
Rent £469,
Service charge £166,
Mortgage £782*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Wandsworth, London
Description
A modern ground floor flat comprising of entrance hall , bathroom with WC, bedroom with fitted cupboard, kitchen to lounge.Outside there are communal grounds, an allocated parking space.The property also benefits from gas fired central heating and double glazing.
- Minimum income requirement - £48,366
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
Available for £144,000 for 40% share based on the marketing figure of £360,000.
Monthly rent - £469.15
Monthly Service Charge - £165.54
Total Monthly Charge - £634.69 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationMagdalen Park tennis club directly opposite the property and building on the southside of Heathfield Square. Wandsworth Common is just over 500 metres away on the east side of Trinity Road which takes traffic over Wandsworth Bridge into central London. Earlsfield mainline railway station together with its wide selection of shops, cafes, etc lies approximately 1.25 km away to the south west.
EPC ratingEnergy Rating Band - C
Environmental Impact Band - C
Ground Floor:
Communal entrance lobby
Private entrance hall
Bedroom with fitted cupboards:
4.61m x 2.87m
Reception room:
2.96m x 4.43m + 2.41m x 2.46m
Kitchen:
2.31m x 2.46m
Bathroom with WC
Outside:
Communal grounds and areas - direct access via Reception room. Communal bin and bike stores. Allocated parking space.
Years remaining on lease: 86
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
- Ground floor
- Allocated parking space
- Good location
- Communal grounds
- Available for 40% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
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 40%, full price £360,000, £7,200 Min Deposit. Calculated using a representative rate of 4.78%
