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Greenview Drive, Merton, SW20 9DS

  • 1 Bedroom
  • 75% share available
  • Call 0203 815 1234 to book a viewing.

Second floor, one bedroom home in the London borough of Merton for £270,000 (75% share of £360,000 full market price, available through Shared Ownership.

Monthly Fees
Monthly Mortgage: *£1,365.64
Monthly Rent: £110.64
NHHO Service Charge: £125.42
Council Tax: £108.75

Estimated Total (per month): £1,601.70 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 an 10% mortgage. The rent may increase each year, the increased calculation will be specified in the lease

 

 

£270,000 (75% share price of £360,000)

Key Features

  • Allocated parking space
  • Fully gas central heated

Ground floor
Entryphone system to communal hallway, passenger lift and stairwell

Second floor
Bedroom, reception/kitchen, hallway, bathroom with WC

External
One allocated parking space

GIA
47 sq. m

Accessibility rating
B

EPC rating
B

Length of lease
117 years

Borough
Merton

Download floorplan

Eligibility

You will need to be earning a guidance income of £57,719 You will need access to savings of at least £4000 to cover the cost of buying the home. A minimum 10% deposit approx.. £27,000 Total approximate savings required £31,000

Important borough specific eligibility criteria

Merton
Applicants from all London boroughs can apply with priority given to Merton applicants

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

Prices

Number of Beds 1
Full market price £360,000
Ownership 75% share available
Rent £110.640000 pcm
Guidance household income £57,719
Status Available Now
Service charge £125.42

Location and local area

Local Tranpsort

National Rail
Raynes Park Railway Station (0.48km)