Juniper Drive

Studio homes in Wandsworth, Wandsworth, SW18 1FX

Tenure Shared ownership
What is Shared Ownership?
Availability Available

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

One bedroom second floor flat in the London Borough of Wandworth, available to buy through Shared Ownership. Full market value £425,000 35% share available, share price £148,750

Monthly fees
Monthly Mortgage**: £790.77
Monthly Rent: £494.59
Service Charge Estimate*: £226
NHHO Admin Fee: £13.50 
Council Tax: £71.33

Estimated Total (per month): £1,524.86 excluding council tax

*Service Charge payable to Rendall & Rittner
**Estimate: The monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage The rent may increase each year, the increase calculation will be specified in the lease.

 

Ground floor
Intercom, entrance hall, passenger lift and stairwell

First floor
Entrance hall, open plan kitchen / living room bedroom and bathroom with W.C

External
Communal Gardens and Grounds
Communal Bike Store

GIA
50 square metres (538 sq ft) as per RICS valuation

Accessibility rating 
E – Step Free

EPC rating
B

Length of lease
95 years

Borough
Wandsworth
 

Key Features

  • 24 hour Concierge
  • Gym
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Juniper Drive

Studio homes in Wandsworth, Wandsworth, SW18 1FX

Tenure Shared ownership
What is Shared Ownership?
Availability Available

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes