SHARED OWNERSHIP
St. Ann's Hill - Wandsworth
(Share Price (50%) - £190,000
Full Value Price £380,000
SHARED OWNERSHIP
St. Ann's Hill - Wandsworth
(Share Price (50%) - £190,000
Full Value Price £380,000
The property in the London Borough of Wandsworth, priority is given to those who live and/or work within the Wandsworth Borough.
St Anns Hill is a 1-bed, apartment located on the second floor in a 4 storey building built around 1993. The lease remaining on the property is 159 years.
There are good transport links with Wandsworth Town (0.5 miles) and Clapham Junction (1.1 miles) away, served by National Rail linking to Central London. Local buses serve the area and the night buses links to Central London locations. Local amenities are located 0.1 miles away.
There are plenty of amenities on Wandsworth High Street such as Pure Gym, Backyard Cinema, Gravity all within 0.3 miles. Nearby Clapham Junction, Wimbledon and Putney all offer a wealth of bars, restaurants and clubs.
- Nearest Station: Wandsworth Town (0.5 miles) Clapham Junction (1.1 miles)
- Bus routes nearby: 37, 485, 156,170, 220.
The property located on the second floor comprises:
- Entrance: Hallway cupboard for storage.
- Living Room: Spacious lounge with lots of natural light and grey carpeting.
- Kitchen: Steel splash back. Integrated fridge freezer and washer. Free-standing cooker.
- Bedroom One: Double bedroom with fitted wardrobe. Carpeted flooring.
- Bathroom: a standing shower cubicle with shower head, WC and hand washbasin with shelving and mirror over.
- Outside: Communal garden.
What happens after I register my interest?
After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.
Financial information
- Tenure: Leasehold
- Remaining lease term: 159 Years
- Annual ground rent amount: TBC
- Ground rent review period: TBC
- Annual service charge amount: £1,719.60
- Service charge review period: 1st April annually
- Council tax band: Band C
Financials*
Full Value
£380,000
Share Price
£190,000
Share Value
50%
Monthly Cost
£1,628
Monthly Mortgage
£971
Monthly Rent
£514
Monthly Service Charge
£143
Minimum Household Income
£57,000
Maximum Household Income
£90,000
Deposit Required
£19,000
*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody New Homes team for more details.
Location
St. Ann's Hill, St. Ann's Hill, London, Wandsworth, SW18 2RX Open in Google Maps