1 bed flat for sale

7 Gatliff Road, Victoria, London SW1W

*Full property price: £500,000. Also available through a shared ownership scheme with a minimum 25% share at £125,000*

For enquiries, contact the seller via the messaging app

A charming one-bedroom apartment of approximately 519 sq ft (48.2 sq m) is available for sale in Woods House (4th floor), part of the popular Grosvenor Waterside development in Chelsea. This well-maintained apartment features an open-plan reception room with a Juliette balcony, a modern kitchen, bathroom, and ample storage, including a built-in wardrobe in the bedroom

The apartment complex offers a range of amenities including a 24-hour concierge and security, an on-site gym and spa (fee payable), Sainsbury's Local, a cafe, crèche, and the exclusive Purple Dragon private kids club. The area also boasts proximity to Battersea Park, shops, restaurants, King's Road, and excellent transport links with both Sloane Square and Victoria within walking distance

**Shared Ownership Details:**
- Minimum 25% share: £125,000 (*rent: £803.74 per month, subject to annual review).
- Service charge: Approx. £3,001.00 per annum (subject to annual review), inclusive of hot & cold water, central heating, and boiler breakdown cover.
- Staircasing options available.

**Eligibility Criteria for Shared Ownership:**
1. Applicants must not own another property.
2. Applicant's income must be within the maximum threshold for shared ownership (£90,000)

Further information can be found on the [Government website]()

**Important:** Potential applicants for the shared ownership scheme are required to undergo a financial eligibility check by the Housing Association's financial advisor before arranging a viewing or making an offer. This helps save time and effort for all parties involved

Full Purchase Option:
- Available to purchase at 100% share for £500,000.
- No eligibility criteria apply for full ownership.

Please contact the seller/agent for further information

Property Ownership Information

Tenure

Shared ownership

Council Tax Band

D

Percentage Share Owned

25%

Additional Monthly Rent

£800.00

Annual Ground Rent

No ground rent

Ground Rent Review Period

No review period

Annual Service Charge

£3,000.00

Service Charge Review Period

Every 1 year

Lease End Date

31/12/2133

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.