Share Price £240,000 (from 50% Min. Share)

Full Value £480,000 | £12,000 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Southwark

place 159 New Kent road, SE1 4AG

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Second Floor


Eligibility

You may be eligible for this property if:

You have a gross household income of no more than £90,000 per annum.
You are unable to purchase a suitable home to meet your housing needs on the open market.
You do not already own a home or you will have sold your current home before you purchase or rent.


Description

PA Housing is proud to present a lovely one bedroom apartment offering ample space with immaculate interiors and contemporary decoration throughout. This apartment benefits from private balcony and communal courtyard.

Disclaimer

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please raise this directly with the vendor. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.

Call our sales team on 0203 3940078 if you would like to view.


Key Features

Key Features

  • One bedroom flat
  • Floor to ceiling windows
  • Modern kitchen with integrated appliances
  • Open plan reception room
  • Private balcony
  • Secure gated access and lift
  • Communal courtyard

Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 240,000
Min. £240,000
Share percentage
Min. 50%
Your deposit
Min. £12,000
Monthly cost*
£1,746
Cost breakdown
£354
Rent
£196
Service charge
£1,196
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent 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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.