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%.

Read more about Shared ownership (Opens in new window)

Viridian Apartments - ref NH189, 1 bed homes


Viridian Apartments, Battersea Park Road, London, Wandsworth, SW8 4DG

Shared ownership

Starting prices

30% share from
£129,000
Full price
£430,000
Minimum deposit
£12,900
Monthly rent
£646
Monthly service charge
£155

Overview

Second floor one bedroom apartment in the London Borough of Wandsworth for £129,000 (30% share price of £430,000 full market price), available through Shared Ownership.

Ground floor
Entryphone system to Communal, Hallway, Passenger Lift and Stairwell

Second floor

Bedroom. Reception/Kitchen, Hallway and Bathroom with WC.

External
Balcony

GIA

44 sqm

Accessibility rating

F

EPC rating
B

Length of lease

114 years

Borough

Wandsworth

 

Monthly Fees

**Mortgage: £652.47

Rent: £645.60

Service Charge: £ 154.61

Administration Fee: £13.50

Annual Council Tax: £770

Estimated Total (per month): £1450.07 (excluding council tax)

*Estimate – The monthly mortgage is based on an interest rate of 4.5% with a capital and interest repayment over 25 years. It is based on a 10% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.


*Service charge is paid externally to a managing agent*

 

 


Local area information

Local Transport

Battersea Park Station – 0.3miles

L.S.W.R Queen’s Road Station – 0.5 miles


Housing Provider

Notting Hill Genesis
Shared ownership

Starting prices

30% share from
£129,000
Full price
£430,000
Minimum deposit
£12,900
Monthly rent
£646
Monthly service charge
£155