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Shared ownership
£142,500

2 bedroom apartment for sale

at The Switch Marketing Suite, Mauger Heights, London SW17
Apartment
2 beds
2 baths
Added > 14 days

Key information

TenureLeasehold | 25% share | rental £2.75pcm | unconfirmed yrs left
Service charge£3,176.04 per annum
Council taxBand TBC
BroadbandUltra-fast 1000Mbps *

Features and description

  • Tenure: Leasehold
  • 2 bed apartment on the 2nd floor available through Shared Ownership
  • 1 mile to Earlsfield with a range of popular amenities and National Rail service
  • Energy efficiency rating B
  • Private balcony
  • Easy access to Wimbledon Park, Richmond Park and Wimbledon Common


Reserve with only a £7,125 deposit* Don't miss your dream home at The Switch, Wimbledon!



 



The Switch offers a luxurious selection of 2-bedroom apartments through Shared Ownership in one of the most sought-after locations in South West London, The Switch is perfect for first-time buyers. 



 



Shared Ownership Cost Breakdown - 25% Share 




  • Full market value = £570,000
  • Example 25% share price = £142,500
  • Estimated Rent = £979.69pcm (charged at 2.75% of the unsold equity)*
  • Estimated service charge = £323.42pcm*


 



About the 2-bedroom apartments



These new quality apartments at The Switch offer luminous living spaces with premium fittings and finishes throughout & all carefully designed to fully meet the demands of modern living, without sacrificing contemporary style.




  • Kitchen comes with fully integrated appliances, designer units and stone worktops.
  • Bath and shower rooms offer oak veneered alcoves, porcelain tiled floors and walls and chrome- plated fixings.
  • Bedrooms feature floor-to-ceiling fitted wardrobes, brushed metal sockets and subtle light grey carpets.
  • Private spacious balcony, perfect for those summer months


The development is part of an extensive regeneration programme, set across a large mixed-use project complete with a new purpose-built Wimbledon Football Club Stadium, which is set to transform the surrounding area.



 



Register your interest now to view this stunning apartment. We look forward to seeing you soon!



 



What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy,not the full market value, making these high-spec homes even more affordable in such a sought after location.



 



Financials 




  • Tenure: Leasehold
  • Length of lease: 250 years 
  • Annual service charge: £3.50 per sq.ft
  • Service charge review period: Yearly
  • Council tax band: (E, F, G, H)



 



Images are computer generated and indicative of a typical Peabody New Homes show home.



 



*The financial information provided is indicative of the costs for this property type at this development and is intended to be used as a guide only. Please seek advice from an Independent Financial Advisor for accurate financial information related to your specific circumstances.



 



*5% deposit boost. T&Cs apply. 2-bedroom apartment deposit (£7,125) figure based on 5% of a 25% share of the home £142,500 (full market value £570,000). For more information visit the Peabody New Homes website.


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About this agent

Peabody - Resales
Peabody - Resales
45 Westminster Bridge Road London SE1 7JB
020 8022 5253
Full profileProperty listings
Peabody develop award-winning homes across London and the Home Counties, with a mission to create great places where people can flourish and want to live. Our ambitious house-building programme aims to provide thousands of high-quality new homes for private sale, Shared Ownership, Rent to Buy, and social rent.
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