2 bedroom apartment for sale
Ingrebourne Apartments, 5 Central Avenue, Fulham Riverside, SW6 2GG
Share percentage 25%, full price £575,000, £14,375 Min Deposit.
Share percentage 25%, full price £575,000
Monthly Cost: £1,448
Rent £296, Service charge £386, Mortgage £766*
Calculated using a representative rate of 5.13%
Calculate estimated monthly costs
Summary
A Fantastic Opportunity to Purchase a Two Bedroom Apartment on a Shared Ownership (Part Buy/Part Rent) Basis
Description
A great chance to buy a shared-ownership apartment in such a desirable and central location. This well-presented property is on the seventh (top) floor and has a twenty-two-foot reception with open-plan kitchen featuring sleek, white units and integrated appliances. A large sliding door leads out onto a balcony that offers a far-reaching view of the surrounding area. The balcony can also be accessed from the smaller of the two bedrooms. The main bedroom is spacious, the bathroom stylish and high-spec and a pair of built-in storage/utility cupboards have been provided in the entrance hall. Residents of the development can make use of excellent facilities including two well-maintained communal gardens, twenty-four-hour concierge, on-site gym, outdoor workout equipment, table tennis and badminton courts plus a cycle storage area. Wandsworth Town Station and Imperial Wharf are both just a short walk away. Clapham Junction, Fulham Broadway and Parsons Green are also within easy reach and Thames Clipper services are available from Chelsea Harbour Pier.
SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £575,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/mrrrsnwu]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/06/2014).
Minimum Share: 25% (£143,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £295.59 per month (subject to annual review).
Service Charge: £386.41 per month (subject to annual review).
Guideline Minimum Income: Dual - £46,400 | Single - £53,100 (based on minimum share and 10% deposit).
Council Tax: Band G, London Borough of Hammersmith & Fulham. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted. There is no parking space offered with this property.
Key Features
- Guideline Minimum Deposit £14,375
- Guide Min Income Dual £46.4k | Single £53.1k
- Seventh (Top) Floor
- Approx. 695 Sqft Gross Internal Area
- Spacious Main Bedroom
- Balcony
- Good Energy Efficiency Rating
- Riverside Development
- Large Communal Garden
- Concierge and Residents' Gym
Particulars
Tenure: Leasehold
Council Tax Band: G
Property Downloads
Key Information Document Floor Plan BrochureThe ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- 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 costs for the property as a whole and communal areas
- Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.
NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £575,000, £14,375 Min Deposit. Calculated using a representative rate of 5.13%
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