1 bedroom flat for sale
2 Townmead Road, London
flat
bedroom
Property photos
+3
Property description
Shared Ownership
This superb modern home is available to buy from as little as £215,000 with a 50% share!
A stunning one-bedroom flat located on the third floor in the vibrant area of Fulham. This modern and spacious flat is being offered for sale with no onward chain and offers a comfortable living space with the added benefit of a south-west facing balcony and allocated underground parking.
Fulham is a highly sought-after area known for its charm and excellent amenities. With its convenient location, residents can easily access various public transport links, making it effortless to explore different areas of the city. The nearby bus and tube stations provide quick and convenient connections to popular destinations.
PRICING & AFFORDABILITY
Approximate Size: 584 sq ft
Full Market Value: £430,000
50% Share Price: £215,000 (rent £507.84pcm)
Minimum 5% Mortgage Deposit (50% share): £10,750
Approximate Service Charges: £224.06pcm*
Shared Ownership Lease: approx. 108 years
Council Tax Band: C
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
* This home can also be purchased outright (100% of the value) which is £430,000 and a purchaser would not need to meet the eligibility criteria listed above.
This superb modern home is available to buy from as little as £215,000 with a 50% share!
A stunning one-bedroom flat located on the third floor in the vibrant area of Fulham. This modern and spacious flat is being offered for sale with no onward chain and offers a comfortable living space with the added benefit of a south-west facing balcony and allocated underground parking.
Fulham is a highly sought-after area known for its charm and excellent amenities. With its convenient location, residents can easily access various public transport links, making it effortless to explore different areas of the city. The nearby bus and tube stations provide quick and convenient connections to popular destinations.
PRICING & AFFORDABILITY
Approximate Size: 584 sq ft
Full Market Value: £430,000
50% Share Price: £215,000 (rent £507.84pcm)
Minimum 5% Mortgage Deposit (50% share): £10,750
Approximate Service Charges: £224.06pcm*
Shared Ownership Lease: approx. 108 years
Council Tax Band: C
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
* This home can also be purchased outright (100% of the value) which is £430,000 and a purchaser would not need to meet the eligibility criteria listed above.
Interested in this property?
Council tax
First listed
2 weeks agoEnergy Performance Certificate
2 Townmead Road, London
Marketed by
SOWN - National Crowthorne House, Nine Mile Ride Wokingham RG40 3GZPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
2 Townmead Road, London - Streetview
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