Property photos
Leasehold
£141,000
2 bed flat for sale
Deepak House, 955 Garratt Lane, London SW172 beds
1 bath
1 reception
Local area information
Property location
Nearby amenities
- Broadwater Primary School 0 miles
- Smallwood Primary School and Language Unit 0.2 miles
- Tooting Broadway 0.3 miles
- Haydons Road 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Colliers Wood, Upper Tooting and Furzedown to find out more about the local area.
Features and description
- Leasehold
- Guideline Minimum Deposit £14,100
- Guideline Income £74k (dual) £85.5k (single)
- First Floor with Terrace
- Approx. 705 Sqft Gross Internal Area
- High Performance Glazing
- Communal Heating and Hot Water
- Shops and Schools Nearby
- Close to Tooting Broadway Station
Shared ownership (Advertised price represents 30% share. Full market value £470,000). An attractively-presented, two-bedroom apartment on the first floor of this modern development. The reception room is semi-open-plan to a kitchen with sleek, handle-less units and integrated appliances. There is a spacious main bedroom plus a second good-sized double bedroom and a stylish bathroom with large format tiles. The three principle rooms all have access to the full-width private terrace. Well insulated walls, high performance glazing, a communal heating and hot water system result in a very good energy-efficiency rating. Tooting Broadway Station (Northern Line) is only a short walk away. Ofsted list three primary schools within a half-mile radius, all rated either 'Good' or 'Outstanding'.
Interested parties are required to complete the shared ownership common application form []
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: A2Dominion.
Tenure: Leasehold (99 years from 2015).
Minimum Share: 30% (£141,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £1036.07 per month (subject to annual review).
Service Charge: £315.04 per month (subject to annual review).
Guideline Minimum Income: Dual - £74,000 Single - £85,500 (based on minimum share and 10% deposit).
Council Tax: Band D, London Borough of Wandsworth. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
First Floor
Reception Room
17' 7" max. X 13' 7" max. (5.36m x 4.14m)
Kitchen Area
11' 5" x 10' 8" (3.48m x 3.25m)
Bedroom 1
16' 10" x 9' (5.13m x 2.74m)
Bedroom 2
13' 2" x 9' (4.01m x 2.74m)
Bathroom
Terrace
Interested parties are required to complete the shared ownership common application form []
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: A2Dominion.
Tenure: Leasehold (99 years from 2015).
Minimum Share: 30% (£141,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £1036.07 per month (subject to annual review).
Service Charge: £315.04 per month (subject to annual review).
Guideline Minimum Income: Dual - £74,000 Single - £85,500 (based on minimum share and 10% deposit).
Council Tax: Band D, London Borough of Wandsworth. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
First Floor
Reception Room
17' 7" max. X 13' 7" max. (5.36m x 4.14m)
Kitchen Area
11' 5" x 10' 8" (3.48m x 3.25m)
Bedroom 1
16' 10" x 9' (5.13m x 2.74m)
Bedroom 2
13' 2" x 9' (4.01m x 2.74m)
Bathroom
Terrace
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
Listed by
Urban Moves
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