Share Price £97,500 (from 25% Min. Share)

Full Value £390,000 | £4,875 Min. Deposit

Scheme: Shared Ownership

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Copperstone Mills, Colliers Wood High Street - 1 bed apartment in Merton

place Preece Apartments, SW19 2AG

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1 Bedroom Apartments at Copperstone MIlls, Colliers Wood


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.

Apartments are available to anyone in London, however priority will be given to those living/working in Merton.


Description

Optivo is delighted to deliver a stunning new development of modern one & two bedroom homes in Colliers Wood.

Colliers Wood is an up-and-coming area with new places to live, work, shop and relax – and, with excellent access to the Northern Lane, the national rail network and good bus routes, it’s not surprising that it’s becoming the location of choice for young singles, couples and families.

Surrounded by green landscaped grounds, the development also provides electric car charging points, cycle storage and balcony or a terrace to all apartments

1-bed apartments from £95,000 for a 25% share (based on a full market value of £380,000)

2-bed apartments from £125,625 for a 25% share (based on a full market value of £502,500)


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Property brochure 1
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Calculate Monthly Cost

Share price
£ 97,500
Min. £97,500
Share percentage
Min. 25%
Your deposit
Min. £4,875
Monthly cost*
£1,278
Cost breakdown
£670
Rent
£120
Service charge
£488
Mortgage*
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.