2 bedroom apartment for sale
Metro Central Heights,, 119 Newington Causeway, SE1 6DT
Share percentage 35%, full price £430,000, £15,050 Min Deposit.
Share percentage 35%, full price £430,000, £15,050 Min Deposit.
Monthly Cost: £1,569
Rent £605,
Service charge £200,
Mortgage £764*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £54,235. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,050. Total approximate savings required £19,050
Important borough specific eligibility criteria
Southwark
All London applicants will be considered with priority given to Southwark residents
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
Second Floor 2-bedroom apartment available through shared ownership 35% share@ £ 150,500 Full Market Value £ 430,000
Description
Second floor
Two double bedrooms,
One kitchen
One Reception
One Bathroom with WC
External
Communal Gardens
GIA
57 sqm approximately
Accessibility rating
F
EPC rating
D
Length of lease
108
Borough
Southwark
Key Features
- 24 hour concierge
- Access to communal leisure facilities
- Bicycle store
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 35%, full price £430,000, £15,050 Min Deposit. Calculated using a representative rate of 4.64%