Available

£222,500

Malvern House, 2 Palmer Road, London, SW11 4GJ
Share 25% / Full price £890,000 / Min deposit £22,250

Apartment
2 bedrooms
1 bathroom

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Summary

A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis

Description

A spacious and stylishly-presented apartment on the tenth floor. The high-spec property features a large reception room with attractive flooring, open-plan kitchen area and a door that leads out onto the west-facing balcony. Both bedrooms are generously-sized doubles, the bathroom is smart and modern with premium fittings and a pair of storage/utility cupboards have been provided in the entrance hallway. Malvern House is part of a recently-built development centred around a very pleasant communal garden. Demanding insulation standards, high performance glazing and underfloor heating supplied via a communal hot water system make for a very good energy-efficiency rating. Battersea Park is only a few minutes away, offering a lake, sports facilities and green, open spaces. Battersea Park Station and Queenstown Road are close and the redeveloped Battersea Power Station site provides restaurants, bars and stores as well as a new Northern Line station. In addition, Vauxhall Station is only a brief bus/bike ride away. Food shopping is convenient with an on-site Tesco Express, plus Waitrose and Sainsbury's supermarkets in the local area. Nearby Chelsea Bridge also means areas north of the Thames are within easy reach.

SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £890,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/52r5vc9w]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Clarion.
Tenure: Leasehold (250 years from 01/01/2020).
Minimum Share: 25% (£222,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £673.54 per month (subject to annual review).
Service Charge: £287.99 per month (subject to annual review).
Personal Heating and Hot Water Charge: £75.06 per month (subject to annual review).
Guideline Minimum Income: Dual - £74,900 | Single - £86,600 (based on minimum share and 10% deposit).
Council Tax: Band E, London Borough of Wandsworth. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets may be permitted but only with prior consent from Clarion (which, unfortunately, can only be obtained once you are the property owner). There is no parking space offered with this property however the current owner rents a space within the development.

Description

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Key features

Material information

Key Information Document Floor plan Brochure
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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.
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Monthly cost calculator
£222,500 Shared Ownership Resale Full price £890,000
Estimated monthly cost £2,066
£

How is this calculated?

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