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2 bedroom flat for sale

22 Underhill Road, London, SE22

Offers Over £50,000

Property Description

Key features

  • RENT TO OWN - rent while you save your deposit for purchase
  • Underfloor heating and TV in bathroom
  • Drop-Lights throughout
  • Solar panels on roof lead to lower utility bills all summer!
  • Secure entry intercom, mains-fitted smoke alarms and communal CCTV
  • Open plan kitchen (with Smeg appliances) / lounge - great for entertaining
  • Peaceful views from rear over gardens
  • Well kept communal areas, recently re-painted and garden landscaped to great effect
  • Amazing location - walking distance to beautiful Dulwich Park and trendy cafes of Lordship Lane
  • Neutral, bright decor throughout, ready to move in

Full description

Tenure: Leasehold

We are offering this property on a Rent to Own basis


RENT to OWN: Are you unable to get a mortgage currently, self-employed or perhaps new to the UK? If so, we also offer this property as Rent to Own property as well as a traditional sale.


HOW IT WORKS: You can rent this property at a fixed, market rental with an option to buy for a pre-determined price at a future date. The future purchase price will be fixed and agreed upon at the beginning of the term and you will benefit from any increases in value by the end of the term. Treat the house as your own & carry out any redecoration (in accordance with the leasehold terms) whilst you are working towards saving your deposit to buy it yourself


*No bank loan/mortgage needed, no lengthy forms to fill out.
*As easy as renting BUT YOU HAVE YOUR FOOT ON THE HOUSING LADDER! 
*Move in within 2-4 weeks and stop wasting money on rent 
*Benefit from any potential property price rises in the future as it is your new home.

Who is this for?
*You're new to the UK 
*You have impaired or unestablished credit history 
*You're self employed 
*You have money saved to get started  


Pay monthly market rent of £1995


Pay monthly top up of £200


Pay some get started money e.g min 10% of purchase price up front


The monthly top up and 'get started' money is deducted from the purchase price if you take the option to buy it later on


Purchase price £500k


Term 3 years


 


Example if you buy after 3 years of renting:


 


£500k purchase price


Less your 'get started' money of e.g. £50k


Less £200 a month * 12 months * 3 years


You can buy for Purchase Price less Get Started Money less your monthly Top Ups e.g.  £443k


You can also take advantage of any uplift in price if you then decide to sell it!


 


Service charge and ground rent apply. Details on request.


FEATURES 
The apartment needs to be seen to be believed; the open plan kitchen and lounge area give a feeling of space and openness and perfectly lends itself to entertaining guests. The two double bedrooms are spacious and there is ample living space in the rest of the apartment. The bathroom is modern in style complete with TV and under-floor heating as well as heated towel rail and extraction fan.


The building is well maintained, the area is calm and peaceful, while the cafes and bars of Lordship Lane and Dulwich Village are but a stone’s throw away. A short bus ride to Forest Hill or Brixton also makes travel into central London via public transport incredibly easy. London Bridge from Forest Hill is then around 15 mins while Victoria Station from West Dulwich is around 10 mins travel time.


To fully appreciate this property, please arrange a viewing appointment which you can do 24/7 by clicking on the contact link provided.



Final points:

*The purchase uses a standard legal document between the buyer's and seller's solicitors.
*There is no need to save for huge 20% to 40% deposit and fit strict banking criteria to make this property your home! 
As the tenant buyer if you do not wish to exercise your option to buy the property you have no obligation to do so, you can simply hand the property back at any point.
As you hold the option to buy the property, should you wish to exercise this then the seller is obligated to sell.

WHAT YOU NEED 
*A job or be self employed 
*The necessary get started money
*The ability to make the monthly payments of £200 on top of market rent comfortably 
*The ability to move in to your new home within just a few weeks

WE ONLY ASSIST PROPERTY OWNERS WHO WILL LIVE IN THE HOME THEMSELVES. No sub-letting. 


Offered CHAIN FREE 


Can be offered furnished.


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
23 April 2018

Nearest stations

  • Forest Hill (0.6 mi)
  • Honor Oak Park (1.0 mi)
  • Sydenham Hill (1.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Emoov, National

National

03339 392206 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Emoov, National

National

03339 392206 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Forest Hill (0.6 mi)
  • Honor Oak Park (1.0 mi)
  • Sydenham Hill (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Emoov, National

National

03339 392206 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2lm-za25. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Emoov, National. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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