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15 Odyssey House

Shared ownership

Garratt Lane, Wandsworth, SW17 0GS

For sale
Shared ownership
Photo of 15 Odyssey House
Live from space album cover

from

£170,000

with min. deposit

£8,500

40% Share from
£170,000
Full market price
£425,000
Minimum deposit
£8,500
Monthly rent
£457
Monthly service charge
£113.88

2 bedroom flat

Full Market Value £425,000

Share Available from 40% at £17,000

Rent: £457.71 pcm

Service Charges: £113.88 pcm

Lease Term: 117 Years

With just a short walk to Tooting Broadway Underground Station (Northern Line) and bus stops to Wimbledon and Earlsfield adjacent to property also a short walk to Tooting High Street and St George's Hospital

Wandle Meadow Nature Park is a 25 minute walk or 10 minute drive away and Tooting Bec Common with Lido is a 25 minute walk or 10 drive away.

Viewings are by appointment only. Please can you ensure that you submit your interest through the Share to Buy Website and we will contact you with all the relevant …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold

from

£170,000

with min. deposit

£8,500

40% Share from
£170,000
Full market price
£425,000
Minimum deposit
£8,500
Monthly rent
£457
Monthly service charge
£113.88
Optivo (Resales)

Optivo (Resales)

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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