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2 bed Flat For Sale £112,500
Hurley Court, 215 Mitcham Road, Wandsworth, Tooting SW17


Description
Full Market Value
£450,000

Share Value(25%)
£112,500

Monthly Rent
£669

Service Charge
£187

Minimum Income
£47,609

Shared ownership

Full market value – £450,000

You pay (25%) - £112,500

Monthly rent – £669.24

Service charge - £187.07

Ground rent: - £200 per annum

125 year lease commenced July 2003 - 107 years remaining

New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

Hurley Court is situated on Amen corner in Tooting which is less than a 10 minute walk to Tooting Broadway tube station and Tooting City Thameslink stations.

There are a plethora of restaurants, shops, bars and a Leisure Centre, and literally on your doorstep is a great bus network. Tooting Broadway is less than 10 minutes' walk away offering a range of high street stores including Wilko, New Look, Primark and tk Maxx. Sainsbury's local is directly across the road from the development and there is a large Sainsbury's at Tooting Broadway station.

The buyer will require a deposit to obtain a mortgage for this property.

This home is available to anyone that is affordable, meets the minimum household income requirement of £47,609 and be able to raise a shared ownership mortgage. Applicants are expected to buy a share they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website and register to obtain your unique reference number.

Applicants must also be registered with Wandsworth Council Homebuy Team and live or work in the Borough.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct at July 2021.

Follow the link for more information:
        
zoopla.co.uk

  
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