Millwards Court - 2 Bedroom
A modern 2-bedroom apartment with a private balcony now available in Merton.
Scheme | Shared ownership |
Availability | For sale |
Minimum share price from | £141,250 for a 25% share |
Full price from | £565,000 |
Minimum deposit from | £14,125 |
Monthly rent from | £1,173 |
Service charge from | £568 |
Bedrooms | 2 |
Bathrooms | 2 |
Features |
- Central heating
- Lift access
- Communal Garden
|
Overview
Step outside and you’ll find everything you need for daily living right on your doorstep! For all your shopping essentials, Plough Lane Retail Park is just moments away, featuring a Lidl Superstore, Starbucks, Greggs, Pets at Home, Wickes, and Hobbycraft. Enjoy a day out at AFC Wimbledon Stadium, or hit the gym at Hybrid Gym for a workout. When it’s time to unwind, explore the nearby Garrett Park for a peaceful green escape. Tooting High Street and Earlsfield High Street offer a vibrant range of shops, cafés, and restaurants, ensuring that you are always surrounded by everything you need to live your best life in this vibrant neighbourhood.
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact [email protected] and our team will be able to help you.
What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Tenure: Leasehold
Remaining lease term: 244 years
Annual ground rent amount: £150
Ground rent review period: Applicable upon final staircasing
Annual service charge amount: £3,997.44
Service charge review period: Annually
Council tax band: D
*Financial information correct as of 04/12/2024