2 bedroom apartment for sale
Barrett Court, Dobson Walk, SE5 7FL
Share percentage 50%, full price £480,000, £12,000 Min Deposit.
Share percentage 50%, full price £480,000, £12,000 Min Deposit.
Monthly Cost: £2,014
Rent £625,
Service charge £193,
Mortgage £1,196*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
We recommend a guidance income of £74,131. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 5% deposit approx. £12,000. Total approximate savings required £16,000.
Important borough specific eligibility criteria
Southwark
All London Applicants will be considered, with priority given to Southwark 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
Modern two bedroom apartment in Southwark for £240,000 at a 50% share price of £480,000, available through Shared Ownership.
Description
The accommodation comprises:
Internally
Ground Floor:
- Entryphone system to Communal Hallway, Passenger Lift and Stairwell.
- Bedroom (1) with En-suite Shower Room and WC.
- Bedroom (2).
- Reception/Kitchen. Hallway. Storage Cupboard.
- Family bathroom
Externally: Private terrace off reception.
Floor Area: The subject property is approximately 72 sq. m. (GIA) excluding terrace.
Lease length: 93 years
Key Features
Barrett Court is 0.6 miles away from Burgess Park, one of south London's biggest open spaces.
Camberwell has a fantastic vibe with many things to do: creative workshops at South London Gallery, afternoon cocktails at The Crooked Well, a Victorian swimming pool, table tennis in Camberwell Green and much more.
The area benefits from a number of bus routes going in all directions, making Dulwich, Waterloo, Elephant and Castle, London Bridge and the City all reachable with ease.
Camberwell has two train stations: Denmark Hill with trains to Victoria, London Bridge and St Pancras; and Loughborough Junction with trains to St Pancras.
Camberwell is also very well served by buses with most routes going either via Kennington or Elephant and Castle offering connections with the tube.
Property Downloads
Floor PlanMap
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 50%, full price £480,000, £12,000 Min Deposit. Calculated using a representative rate of 3.94%
