2 bedroom apartment for sale

Under Offer

Enterprise Way, Wandsworth, SW18 1FA

£191,250 · Shared Ownership Resale

Share percentage 25%, full price £765,000, £9,563 Min Deposit.

Under Offer
2 bedrooms
£191,250 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £765,000, £9,563 Min Deposit.

Monthly Cost: £1,695
Rent £521, Service charge £150, Mortgage £1,024*

Calculated using a representative rate of 4.64%

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 when eligible to purchase.
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

Sold

Description

The current market value is £765,000 for 100%. The minimum 25% share available is priced at £191,250, current rent payable £520.67 pcm, rent is subject to annual reviews. Service charges are currently £150.48 pcm.

Lease term 125 years from 01/01/2012

Local information

Roughly a 10 minute walk to Wandsworth town station

The property is located in a riverside environment near to the Thames of similar type and age of high-rise apartments.

Key Features

Full market value
£765,000
Share available and price
25% at £191,250
Current rent payable
£520.67
Monthly service charge
£150.48
Lease term
125 years from commencement date 01/01/2012
EPC rating
C

Features

River view

This flat benefits from a balcony

Underfloor heating

Ground Floor – Communal entrance hallway.

Second Floor – Entrance hallway, two bedrooms, bathroom/WC, Lounge with open plan kitchen and balcony.

Outside – underground secure car parking space.

The property has underfloor electric fired central heating and double glazing.

The gross internal floor area extends to approximately 79m2.

Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Brochure
Map
Wandsworth Town (0.35 miles) East Putney (0.69 miles) Putney Bridge (0.70 miles)
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.

£191,250
Shared Ownership Resale
Estimated Monthly Cost:£1,695
Rent £521
Service Charge £150
Mortgage £1,024

Share percentage 25%, full price £765,000, £9,563 Min Deposit. Calculated using a representative rate of 4.64%


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.