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Chancery Building - Ninth Floor

Shared ownership

Chancery Building 3 New Mill Road , SW11 7AS

For sale
Shared ownership
Lounge Area_Pic_ (1) (1).jpg
Live from space album cover

from

£217,000

with min. deposit

£21,700

35% Share from
£217,000
Full market price
£620,000
Minimum deposit
£21,700
Monthly rent
£128
Monthly service charge
£300.12
Reservation free
£0
Administration free
£0

1 bedroom flat

Viewings available | Once you have registered your interest, you will receive an email to book your viewing.

Chancery Building in Zone 1 Wandsworth* is a beautiful must-see one double-bedroom apartment located on the ninth floor in a 12-storey block built in 2015. The approximate size of the flat is 52 sq. m. and the lease remaining on the property is 117 years.

There are good transport links with the new Nine Elms and Battersea Power Station underground stations both 0.25 miles away. Vauxhall and Battersea Park Stations, served by London Overground & Southern Rail linking to Victoria Train Station in 4 minutes are also nearby.


Local …

Features

Communal Garden

Terrace

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area51.6
Number of floors1
Entrance floor9th floor
Tenurefreehold
EER Current0
EER Potential0

from

£217,000

with min. deposit

£21,700

35% Share from
£217,000
Full market price
£620,000
Minimum deposit
£21,700
Monthly rent
£128
Monthly service charge
£300.12
Reservation free
£0
Administration free
£0
Peabody

Peabody

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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