2 bedroom apartment
With over 99% homes sold, get up to £7,000 to moving in costs when you reserve our final remaining home at The Switch!
The Switch 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.
Offering 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 = £535,000
* Example 25% share price = £138,750
* Rent = £920pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £237pcm
* Full market value = £535,000
* Example 25% share price = £138,750
* Rent = £920pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £237pcm
Shared Ownership Cost Breakdown – 40% Share
* Full market value = £535,000
* Example 40% share price = £214,000
* Rent = £736pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £237pcm
* Full market value = £535,000
* Example 40% share price = £214,000
* Rent = £736pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £237pcm
Shared Ownership Cost Breakdown – 60% Share
* Full market value = £535,000
* Example 60% share price = £321,000
* Rent = £490pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £237pcm
* Full market value = £535,000
* Example 60% share price = £321,000
* Rent = £490pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £237pcm
Shared Ownership Cost Breakdown – 75% Share
* Full market value = £535,000
* Example 75% share price = £401,250
* Rent = £307pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £237pcm
* Full market value = £535,000
* Example 75% share price = £401,250
* Rent = £307pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £237pcm
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.
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.
About the 2-bed apartments
These new quality apartments at The Switch offer luminous living spaces with premium fittings and finishes throughout, and all carefully designed to fully meet the demands of modern living, without sacrificing contemporary style.
Kitchens come 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.
All apartments at The Switch are offered on the Shared Ownership scheme, making them ideal for first-time buyers.
Don’t miss out on coming to view these stunning apartments – register your interest now
We look forward to seeing you soon!
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)
*Moving in costs covered incentive: value of deposit contribution is based on the value of the plot reserved up to £7,000. Offer available for reservations made on or before 31st August 2023. Offer cannot be used in conjunction with any other incentives and is subject to lender availability. Speak to a member of the sales team for further information.
Show home indicative only
Property Features:
- 2-bed apartment on the 2nd floor available through Shared Ownership
- Council tax band TBC
- 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
- Council Tax: Please confirm the council tax band with Peabody
- Tenure: Please confirm if this is a freehold or leasehold property with Peabody
Details added: 18/08/2023
Are we missing any purchase information? Click here to contact the developer
