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Ace Way Battersea

Shared ownership

Nine Elms, London, SW11 7BE

For salenew home
Shared ownership
Photo of Ace Way Battersea
Live from space album cover

from

£212,500

with min. deposit

£10,625

25% Share from
£212,500
Full market price
£850,000
Minimum deposit
£10,625
Monthly rent
£309
Monthly service charge
£332.53
Reservation free
£250

2 bedroom flat

Immaculately presented 2 bed apartment at the highly sort after Ace way building.

This property comprises of a bright open plan Kitchen/ Reception, two generously sized bedrooms, Family sized bathroom, balcony, communal garden and in built storage.

Due to its impressive location, this building is in high demand, so view as quickly as possible is highly recommended.

Please note, priority allocation will be given to applicants registered on Wandsworth Council Homeownership waiting list. Please provide your reference number.

Lease Term: 125 years from 15-09-2017

EPC Rating: B

Council: Wandsworth

Council tax band: F

Floor Space: 72m2

Entrance Hall

Storage…

Features

Balcony

Communal Garden

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area72
Number of floors1
Entrance floor3rd floor
Tenureleasehold
Lease years125
EER Current86

from

£212,500

with min. deposit

£10,625

25% Share from
£212,500
Full market price
£850,000
Minimum deposit
£10,625
Monthly rent
£309
Monthly service charge
£332.53
Reservation free
£250
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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