Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Phoenix Way


Wandsworth, Wandsworth, SW18 2PW

Shared ownership
Studio bedroom homes
Share price
Coming soon
Full price
Coming soon

Overview

One bedroom fourth floor flat, in the London Borough of Wandsworth, available to buy through Shared Ownership. Full market value £395,000. 60% share available, share price £237,000.

Monthly fees 
Monthly Mortgage**: £1259.92 
Monthly Rent: £365.43pm 
Monthly Service Charge*: £131.46
Notting Hill Administration Fee: £13.50 
Council Tax: £58.33

Estimated Total (per month): £1770

*Service Charge payable to Pinnacle Ltd 
**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
Communal entrance hall with stairs and lift to upper floors

Fourth floor
Entrance hall, kitchen/living room, bedroom and bathroom with W.C.

External
Communal grounds/gardens. No allocated parking.

GIA
54 square metres (581 sqft) as per RICS valuation

Accessibility rating 
E

EPC rating
C

Length of lease
139 years

Borough
Wandsworth


Housing Provider

Notting Hill Genesis
Shared ownership
Studio bedroom homes
Share price
Coming soon
Full price
Coming soon