A fantastic opportunity to purchase a one bedroom apartment on a Shared Ownership (Part Buy/Part Rent) basis (a shared ownership resale property).
A great opportunity to buy a shared ownership property in this spectacular location. Woods House is part of the Grosvenor Waterside development near the Thames. Just to the south, over Chelsea Bridge, are the green spaces and boating lake of Battersea Park while to the north lie Sloane Square and Victoria. The apartment is on the ninth floor with a Juliette balcony overlooking the attractive, raised courtyard. The elevation also affords a pleasant view of the wider surroundings. The stylish kitchen and bathroom are both upgrades made by the current owner and additional fitted storage space has also been added to the bedroom. The building has been constructed to high energy-efficiency standards with heating and hot water supplied from a communal system. Both the block and wider development are very well maintained and make for an extremely desirable property.
Full market value: £530,000
Minimum share available for sale: 35%
Share value available for sale (35%): £185,500
Monthly Rent: £806.96
Monthly Service Charge: £333.26
Affordability
Guideline minimum household income: Joint - £75,900 | Single - £87,700 (based on purchasing the minimum 35% share and having a 10% deposit).
Maximum household income: £90,000
Housing Association: A2Dominion.
Tenure: Leasehold (125 years from 2009)
Minimum Share: 35% (£185,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £806.96 per month (subject to annual review).
Service Charge: £333.26 per month (subject to annual review).
Heating Charge: £13.99 per month (subject to annual review).
Water Charge: £21.58 per month (subject to annual review).
Council Tax: Band D
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 (who are acting as the sales agents). The information advertised supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.
Key Features
Ninth Floor with Juliette Balcony
Approx. 475 Sqft Gross Internal Area
Overlooks Communal Garden
Part of Grosvenor Waterside Development
Short Walk to Sloane Square (Circle/District line)
Victoria Station within Easy Reach
Particulars
Tenure: Leasehold
Council Tax Band: D
Transport
Battersea Power Station (0.51 miles)
Sloane Square (0.58 miles)
Pimlico (0.61 miles)
Available to priority 1 - 6(b) households