Mil court 1-15
Merton Rd, London, sw18 5ae
from
£214,500
with min. deposit
£10,725
1 bedroom flat
Optivo are delighted to offer for sale this well-presented one-bedroom flat located on the Ground Floor
Conveniently located for access to both Southfields and Earlsfield.
Full market value - £330,000
65% share available at £214.500
Lease term - 125 years from commencement date 25.03.2007
EPC rating - C
Wandsworth Council Tax band D
Features
Communal Garden
Patio
| Bedrooms | 1 |
| Bathrooms | 1 |
| Reception rooms | 1 |
| Furniture status | unfurnished |
| Floor area | 50 |
| Number of floors | 1 |
| Entrance floor | Ground floor |
| Tenure | leasehold |
| Lease years | 110 |
from
£214,500
with min. deposit
£10,725
Optivo (Resales)
FAQs
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
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