Share Price £172,000 (from 40% Min. Share)

Full Value £430,000 | £17,200 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Lambeth

place Liberty Street, SW9 0EF

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Ground floor one bedroom maisonette in London Borough of Lambeth available through Shared Ownership


Eligibility

You will need to be earning a guidance income of £54,661. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £17,200. Total approximate savings required £21,200.

Important borough specific eligibility criteria

Borough of Lambeth

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.


Description

Viewing now - call 02038150060 now to book an appointment.

This property is a one bedroom, split level maisonette with own separate street access arranged over ground and lower ground floor levels. Forming part of a five storey mid terrace residential building in Stockwell, south-west London.

The property falls under the London Borough of Lambeth. The property is equal distance between Stockwell (Northern & Victoria line) and Oval (Northern line) underground stations. The area is also well served by local bus routes.

The property is within reasonable travelling distance of the local shopping and recreational facilities within the area

General

Private entrance

Quiet road

Light and airy living areas

Secure bicycle store

Shared garden area

Ground floor

Own private street entrance, kitchen/reception room.

Lower Ground Floor

Bedroom, hallway, bathroom with WC, door to communal access to bike storage and garage.

Gross Internal Area

50 sqm

Accessibility rating

F

EPC rating

C

Length of lease

115 years

Borough

Lambeth


Key Features

Private entrance

Opposite landscaped and pedestrianised Van Gogh Walk

Near 'Van Gogh's House', artist residency and exhibition venue

Close proximity to supermarkets (Tesco, Sainsbury's, Lidl), gyms, independent coffee shops (and Costa!), restaurants and pubs, parks

Short bus rides to Clapham (10 min) and Brixton (10 min)

Excellent transport links:

- Tube: Victoria and Northern lines from Stockwell (6 min walk) and Oval (6 min walk)

- Overground trains from Vauxhall (15 min walk)

- Buses from main roads nearby, plus Vauxhall bus station


Download Documents

Link to the floor plan Energy Certificate

Accessibility

D – Easy Access

Compatible with the design standards in Mobility Standard Housing (1974) produced by the DoE and Housing Corporation Scheme Development Standards (pre-1999) and Part M of Building Regulations (2000). The main features of these properties include a level approach to the entrance, wider doorways and more space than in general needs housing. These properties may also have an internal flight of stairs and if so, there is enough space to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 172,000
Min. £172,000
Share percentage
Min. 40%
Your deposit
Min. £17,200
Monthly cost*
£1,343
Cost breakdown
£527
Rent
£75
Service charge
£741
Mortgage*
Calculated using a representative rate of 3.09%
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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.