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Mizen Heights

Shared ownership

Mizen Heights, London, SW19 2FG

For sale
Shared ownership
Photo of Mizen Heights
Live from space album cover

from

£150,000

with min. deposit

£15,000

30% Share from
£150,000
Full market price
£500,000
Minimum deposit
£15,000
Monthly rent
£872
Monthly service charge
£258.2
Annual ground rent
£100
Reservation free
£500

2 bedroom flat

Full description

SHARED OWNERSHIP

Full market value - £500,000

You pay (30%) - £150,000

Monthly rent - £872.70

Service charge - £258.20

Ground rent payable - £100 per annum

Council Tax Band- D

125 year lease commenced in December 2017 - 120 years remaining

EWS1 Certification is available for this property.

Colliers Wood is on the Northern line with a journey time to Bank of 25 minutes and Tottenham Court Road of 27 minutes. Haydons Road is part of the Thameslink service, with trains reaching Blackfriars in around 27 minutes and St Pancras in 40 minutes. Local bus services take minutes to reach Wimbledon or Tooting.

With the river Wandle running …

Features

Balcony

Bedrooms2
Bathrooms2
Reception rooms1
Floor area78
Number of floors1
Entrance floor3rd floor
Tenureleasehold
Lease years120
EER Current87
EER Potential87
EIR Current93
EIR Potential93

from

£150,000

with min. deposit

£15,000

30% Share from
£150,000
Full market price
£500,000
Minimum deposit
£15,000
Monthly rent
£872
Monthly service charge
£258.2
Annual ground rent
£100
Reservation free
£500
L&Q

L&Q

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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