- 1 Bedroom
- 30% share available
- Viewings on 29 & 30 September 2018. Call 0203 815 1234 to book your appointment.
Second floor, one bedroom home in the London borough of Wandsworth for £120,000 (30%) share price of £400,000 (full market price), available through Shared Ownership.
Monthly Mortgage*: £606.95
Monthly Rent: £426.21
Service Charge**: £258.41
Notting Hill Administration Fee: £13.50
Council Tax: £60.25
Estimated Total (per month): £1,305.07 excluding council tax
*Estimate – The monthly mortgage is based on an interest rate of 4.5% with a capital and interest repayment over 25 years. It is based on a 10% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
** Service Charge is managed by an external managing agent
£120,000 (30% Share Price of £400,000)
- Passenger lift
- Easy travelling distance to local shopping, transport and recreational facilities
Communal entrance and passenger lift
Hall, reception, kitchen, bedroom and bathroom
No external facilities
47 sq. m.
Length of lease
You will need to be earning a guidance income of £47,030. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £12,000. Total approximate savings required £16,000.
Important borough specific eligibility criteria
Wandsworth will only accept applicants who have registered with Wandsworth Home Ownership and have been granted a reference number. You will not be able to book a viewing for this resale property unless you can provide your Wandsworth reference number. This property will only be allocated to registered applicants for a minimum of eight weeks.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Details correct as at 19/09/2018
|Number of Beds||1|
|Full market price||£400,000|
|Ownership||30% share available|
|Guidance household income||£47,030|
Location and local area
Wandsworth Town (0.8 km)
East Putney (1.3 km)