1 bedroom apartment for sale

Under Offer

Collcutt Lodge, , SW4 7SD

£170,000 · Shared Ownership Resale

Share percentage 40%, full price £425,000, £8,500 Min Deposit.

Under Offer
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£170,000 Shared Ownership Resale

Share percentage 40%, full price £425,000, £8,500 Min Deposit.

Monthly Cost: £1,522
Rent £569, Service charge £106, Mortgage £847*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Summary

A 1 bed shared ownership property available in Greater London, London

Description

Bright one-bedroom first floor apartment in Clapham, London available for sale through the Shared Ownership Scheme. The property has a private entrance hall with a store cupboard, a large reception room, one double bedroom with fitted wardrobe, kitchen, and bathroom with WC and storage cupboard. Externally the property offers a private balcony accessed via the reception room and communal gardens and grounds including a bike store.

Available for £170,000 for 40% share based on the marketing figure of £425,000.

SO Resi Monthly Payment - £569.43
Monthly Service Charge - £106.11
Total Monthly Charge - £675.54 plus mortgage required for 40% share.

Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resales/

Layout and dimensions

Reception Room: 3.25 x 4.71

Bedroom: 3.11 x 3.76

Kitchen: 3.11 x 1.94

EPC rating

Energy Rating Band - C
Environmental Impact Band - C

Other information

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

Key Features
  • One bedroom
  • First floor
  • Private balcony
  • Communal garden
  • Bike storage
  • Available for 40% share
Property Downloads
Floor Plan
Map
Clapham North (0.12 miles) Clapham High Street (0.22 miles) Clapham Common (0.42 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.

£170,000
Shared Ownership Resale
Estimated Monthly Cost:£1,522
Rent £569
Service Charge £106
Mortgage £847

Share percentage 40%, full price £425,000, £8,500 Min Deposit. Calculated using a representative rate of 3.94%


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.