2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- 2-bed apartment on the 2nd floor available through Shared Ownership
- 1 mile to Earlsfield with a range of popular amenities and National Rail service
- Energy efficiency rating B
- Private balcony
- Easy access to Wimbledon Park, Richmond Park and Wimbledon Common
Reserve with only a £7,125 deposit* Don't miss your dream home at The Switch, Wimbledon!
The Switch offers a luxurious selection of 2-bedroom apartments through Shared Ownership in one of the most sought-after locations in South West London, The Switch is perfect for first-time buyers.
Shared Ownership Cost Breakdown - 25% Share
- Full market value = £570,000
- Example 25% share price = £142,500
- Estimated Rent = £979.69pcm (charged at 2.75% of the unsold equity)*
- Estimated service charge = £323.42pcm*
About the 2-bedroom apartments
These new quality apartments at The Switch offer luminous living spaces with premium fittings and finishes throughout & all carefully designed to fully meet the demands of modern living, without sacrificing contemporary style.
- Kitchen comes with fully integrated appliances, designer units and stone worktops.
- Bath and shower rooms offer oak veneered alcoves, porcelain tiled floors and walls and chrome- plated fixings.
- Bedrooms feature floor-to-ceiling fitted wardrobes, brushed metal sockets and subtle light grey carpets.
- Private spacious balcony, perfect for those summer months
The development is part of an extensive regeneration programme, set across a large mixed-use project complete with a new purpose-built Wimbledon Football Club Stadium, which is set to transform the surrounding area.
Register your interest now to view this stunning apartment. We look forward to seeing you soon!
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, 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 high-spec homes even more affordable in such a sought after location.
Financials
- Tenure: Leasehold
- Length of lease: 250 years
- Annual service charge: £3.50 per sq.ft
- Service charge review period: Yearly
- Council tax band: (E, F, G, H)
Images are computer generated and indicative of a typical Peabody New Homes show home.
*The financial information provided is indicative of the costs for this property type at this development and is intended to be used as a guide only. Please seek advice from an Independent Financial Advisor for accurate financial information related to your specific circumstances.
*5% deposit boost. T&Cs apply. 2-bedroom apartment deposit (£7,125) figure based on 5% of a 25% share of the home £142,500 (full market value £570,000). For more information visit the Peabody New Homes website.
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Property reference The-Switch-SO||1. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Peabody - Resales.
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Broadband availability and predicted speed: obtained from Ofcom on June 19, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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