1 bed flat for sale

Flat 53, 22 Bradley Road, London SW4

This superb modern home is available to buy from as little as £110,625 with a 25% share!

A well-proportioned one-bedroom fifth-floor apartment offering approximately 607 sq ft of accommodation, situated on Bradley Road in Clapham. The property benefits from a private balcony and a particularly spacious open-plan living area, creating a bright and practical layout.

The accommodation comprises an impressive open-plan kitchen/reception room extending to over 18ft, with a central kitchen island and direct access onto the balcony. There is a generous double bedroom, bathroom and useful built-in storage within the entrance hallway.

The property is well positioned for the shops, cafés, restaurants and amenities of Clapham, with Clapham Common and the surrounding green spaces also within easy reach. Transport connections are available from nearby Clapham Common and Clapham South Underground stations, providing Northern line services into central London.
Pricing & affordability


Full Market Value: £442,500

25% Share Price: £110,625 (rent £1,138.36pcm)
Minimum 5% Mortgage Deposit (25% share): £5,531.25
Approximate Service Charges: £132.37pcm*
Lease: 123 years
Eligibility


Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

** This home can also be purchased outright (100% of the value) which is £442,500 and a purchaser would not need to meet the eligibility criteria listed above.