2 bedroom apartment for sale

Available

Collard Place, NW1 8DU

£351,000 · Shared Ownership Resale

Share percentage 60%, full price £585,000, £35,100 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£351,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 60%, full price £585,000, £35,100 Min Deposit.

Monthly Cost: £2,008
Rent £362, Service charge £133, Mortgage £1,513*

Calculated using a representative rate of 3.09%

Calculate estimated monthly costs

£
Eligibility

You will need to be earning a guidance income of £ 81,814.00. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £35,100, Total approximate savings required £39,100

Important borough specific eligibility criteria - Camden

All London Applicants can express their interest however, priority will given to people who live/work in Camden. Applicants applying who live/work outside of the Camden Borough will only be considered mid April 2022 if the property is still available.

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

2 Bedroom Ground Floor Property in Camden through Shared Ownership 60% @ £351,000 Full Market Value £ 585,000

Description

Internally

Ground Floor: Communal Entrance

Ground Floor: Hallway, Reception, Kitchen, 2 Bedrooms, Bathroom and WC

GIA

62sqm

EPC

C

Term

164 Years

Borough

Camden

Key Features

The Property has Parking

The Property is within a Central Location and is within easy travelling distance of the local shopping, transport and recreational facilities within the area.

This property is close to the famous Camden market as well as the Lock, with two nearby Northern line underground stations; Camden Town and Mornington Crescent within reasonable distance of three rail mainline stations; Euston, St. Pancras and Kings Cross.

Local Transport

Camden Town - 0.6mi

Mornington Crescent - 0.7mi

Property Downloads
Floor Plan
Map
Kentish Town West (0.22 miles) Camden Town (0.29 miles) Chalk Farm (0.31 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.

£351,000
Shared Ownership Resale
Estimated Monthly Cost:£2,008
Rent £362
Service Charge £133
Mortgage £1,513

Share percentage 60%, full price £585,000, £35,100 Min Deposit. Calculated using a representative rate of 3.09%


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.