1 bedroom apartment for sale

Available

Clapham Road, SW9 9AF

£164,000 · Shared Ownership Resale

Share percentage 40%, full price £410,000, £16,400 Min Deposit.

Available
1 bedroom
Please call 020 3 815 0060 to book an appointment
Floor plan
floor-plan
Floor plan
floor-plan
£164,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £410,000, £16,400 Min Deposit.

Monthly Cost: £1,528
Rent £639, Service charge £125, Mortgage £764*

Calculated using a representative rate of 3.82%

Calculate estimated monthly costs

£
Eligibility

You will need to be earning a guidance income of £59,356. 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

Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Clapham North (0.21 miles) Clapham High Street (0.27 miles) Stockwell (0.38 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£164,000
Shared Ownership Resale
Estimated Monthly Cost:£1,528
Rent £639
Service Charge £125
Mortgage £764

Share percentage 40%, full price £410,000, £16,400 Min Deposit. Calculated using a representative rate of 3.82%


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.