Property Details: - Type: Apartment - Bedrooms: 2 - Bathrooms: 2
Agent: SOWN - National Phone: 023 8221 9179
Shared Ownership<br/><br/>This superb modern home is available to buy from as little as £180,000 with a 30% share!<br/><br/>A beautifully presented two-bedroom, two-bathroom apartment offering approximately 818 sq ft of stylish contemporary living space, set within a high-end development on Clapham Road.<br/>Finished to a high specification throughout, the property centres around an impressive 28 ft open-plan kitchen and reception room, providing excellent space for both dining and entertaining. The sleek modern kitchen is complemented by generous living space and direct access to a private balcony.<br/><br/>There are two well-proportioned double bedrooms, including a particularly spacious principal bedroom with a modern en-suite bathroom, alongside an additional family bathroom.<br/>Excellent natural light, contemporary finishes and a thoughtfully designed layout creates a naturally bright and spacious feel throughout.<br/><br/>Residents benefit from an excellent range of amenities, including lift access, concierge service, residents' gym, secure bike storage and access to a superb communal roof terrace with far-reaching views across London.<br/><br/>Ideally positioned on Clapham Road, SW9, the apartment offers convenient access to both Clapham and Brixton, with excellent transport connections providing straightforward links into the City and West End.<br/><br/>PRICING & AFFORDABILITY<br/><br/>Full Market Value: £600,000<br/><br/>30% Share Price: £180,000 (rent £1271.00pcm)*<br/>Minimum 5% Mortgage Deposit (30% share): £9,000<br/>Approximate Service Charges: £384.91pcm* <br/>Lease: 244 years<br/><br/>ELIGIBILITY<br/><br/>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.<br/><br/>To be eligible for shared ownership you would need to meet the following criteria:<br/><br/>• Your annual household income does not exceed £90,000.<br/>• You have a deposit of at least 5% of the share value<br/>• You do not own another property or have your name on the deeds or a mortgage for a property worldwide. <br/>• This will be your only residence.<br/>• You are a permanent UK resident or have indefinite right to remain.<br/><br/>*Service charges and rent figures 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.<br/><br/>* This home can also be purchased outright (100% of the value) which is £600,000 and a purchaser would not need to meet the eligibility criteria listed above.
