1 bedroom apartment for sale
Clapham Road, SW9 9AF
Share percentage 40%, full price £410,000, £16,400 Min Deposit.
Share percentage 40%, full price £410,000, £16,400 Min Deposit.
Monthly Cost: £1,449
Rent £617,
Service charge £125,
Mortgage £707*
Calculated using a representative rate of 3.09%
Calculate estimated monthly costs
You will need to be earning a guidance income of £58,086. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,400. Total approximate savings required £20,400
Important borough specific eligibility criteria
Lambeth
All London applicants will be considered, with priority given to Lambeth applicants.
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.
Summary
Lovely, 1 Bedroom Apt just 3 mins walk to Clapham Nth tube station & Clapham High St in the Borough of Lambeth available through Shared Ownership - 40% @ £ 164,000 Full Market Value £ 410,000
Description
Internally
Ground Floor: Communal entrance hall with stairs and lift to the first floor.
First Floor: Private entrance hall, living room, open plan kitchen, bedroom,
bathroom/WC.
There is a good sized balcony, accessed via the living room.
GIA
50 sq. metres (estimated)
Accessibility rating
F
EPC rating
Length of lease
109 Years
Borough
Lambeth
EWS1 Form
Available
Key Features
Balcony
The property is situated within an established residential area considered convenient for all local amenities.
Transport:
Clapham North Underground - 0.2miles
Stockwell Underground - 0.4miles
Brixton Underground - 1.1mile
Property Downloads
Floor Plan Energy CertificateMap
The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- 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.
Share percentage 40%, full price £410,000, £16,400 Min Deposit. Calculated using a representative rate of 3.09%
