This superb modern home is available to buy from as little as £206,500 with a 70% share!

  • £295,000

    Equity share: 70% / £206,500

Batsford House
For Sale Shared Ownership

This superb modern home is available to buy from as little as £206,500 with a 70% share!

Batsford House
  • £295,000

    Equity share: 70% / £206,500

Property Overview

  • Flat
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom

Property Description

Shared Ownership

This superb modern home is available to buy from as little as £206,500 with a 70% share!

A beautifully presented third floor apartment providing light and spacious accommodation and a long lease. The bright living/dining room is open plan with a fully fitted kitchen. There is a large double bedroom with built in wardrobes and a modern bathroom.

The property is located in a residential development of similar properties near Wimbledon, London. The property is close to a range of local amenities including supermarkets, shops, and restaurants. Haydons Road rail station is roughly a 5 minute walk from the property and offers connections to central London. Wimbledon Park is also within walking distance of the property and offers connections on the District Line. The property also benefits from close proximity to a range of parks and open spaces including Wandle Meadow Nature Park.

PRICING & AFFORDABILITY

Full Market Value: £295,000

70% Share Price: £206,500 (rent £244.39pcm)
Minimum 5% Mortgage Deposit (70% share): £10,325
Approximate Service Charges: £222.48pcm*
Shared Ownership Lease: approx. 107 years
Council Tax Band: C

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

** This home can also be purchased outright (100% of the value) which is £310,000 and a purchaser would not need to meet the eligibility criteria listed above.

Property Address

Open on Google Maps
  • Address Batsford House
  • City London
  • County London
  • Postal Code SW19 8GS

Details

Updated on July 9, 2024 at 12:44 pm
  • Property ID: MS-127853
  • Rental Amount Per Month: £244/Month
  • Bedroom: 1
  • Bathroom: 1
  • Property Type: Flat
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 222.48
  • Value Of The Equity Share: 70% / £206,500
  • Overall Property Value: £295,000
  • Tenure: Leasehold
  • Length of Lease: 107

Contact SOWN about: This superb modern home is available to buy from as little as £206,500 with a 70% share!

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