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35% Shared ownership Lease: 116 years Ground Rent: £100 pa Service Charge: £3,518.88 pa (£293.94 pcm) Rent payable on remaining 65% share: £1,151.64 pcm This stunning and spacious top-floor apartment features two generously sized double bedrooms and offers a beautiful south-facing aspect. The property is in excellent condition and boasts two generous double bedrooms, complemented by a sleek, modern bathroom. The incredibly bright open-plan living area includes a fully integrated kitchen, flooded with natural light through ample glazing. This space extends seamlessly to a full-width balcony, offering far-reaching views and a sun-drenched outdoor area, perfect for summer entertaining.The distinguished development includes lovely communal grounds, a children's play area, and a nature reserve. Conveniently located near the picturesque Wimbledon Common and Village, with easy access to both Raynes Park and Wimbledon train stations, the A3, and routes into Surrey and the M25. This property is offered with no onward chain. This listing is for a 35% shared ownership.Property reference DA0587

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 Broadband availability and predicted speed: obtained from Ofcom on January 5, 2022

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Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.
Shared ownership property is the option in which you purchase a percentage of the property and pay rent on the share that you do not own. You may be able to purchase the remaining share(s) at an additional cost. When you wish to sell the property you may require permission to do so.    There will be additional costs in terms of mortgage fees, valuation fees and potential fees to the Housing Association but the key issue will be affordability.
The remaining length of the lease may affect your ability to obtain a mortgage.

Tenure

Ground rent is paid under the terms of a lease to the owner of the land on which the property is built. If you do not know the ground rent, review period & conditions of review, you will be unaware of the additional costs that you may have to pay. These charges may also increase. Ground rent will not be charged for new leases granted from 30 June 2022 in England and Wales.

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Flat in Chambers Park Hill for sale

2 bedroom flat for sale

St Matthew's CofE Primary School

Hollymount School

West Wimbledon Primary School

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Raynes Park

New Malden

Wimbledon Chase

Shared ownership  35% Shared ownership Lease: 116 years Ground Rent: £100 pa Service Charge: £3,518.88 pa (£293.94 pcm) Rent payable on remaining 65% share: £1,151.64 pcm A wonderful two double bedroom top floor apartment located in this prestigious development in close proximity to Wimbledon...

2 bedroom flat for sale

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