1 bedroom apartment for sale
Sharpley Court, 8a Pocock Street, SE1 0BJ
Share percentage 45%, full price £500,000, £22,500 Min Deposit.
Share percentage 45%, full price £500,000, £22,500 Min Deposit.
Monthly Cost: £1,988
Rent £695,
Service charge £151,
Mortgage £1,142*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £75,343. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £22,500. Total approximate savings required £26,500.
Important borough specific eligibility criteria
Southwark
All London applicants will be considered with priority given to people who live/work in the borough.
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
One Bedroom 3rd Floor Flat in Southwark
Description
This property is located in a well established residential location in the London Borough of Southwark. It is within 4 minutes walk of Southwark Underground Station and 10 minutes of Waterloo Station. The area boasts prestigious bars, restaurants, theatres, and world-class cultural experiences on its doorstep, making this an ideal city base.
The following transport links are nearby: - Southwark Underground Station (0.2 miles) Waterloo East Station (0.3 miles) Lambeth North Underground Station (0.3 miles)
The accommodation comprises: -
Entrance hallway with ample storage, open plan kitchen/sitting room, bathroom and a large double bedroom.
Outside: -Balcony accessed from living room
GIA: -55m2
Key Features
Entrance hallway with ample storage
Open plan kitchen/sitting room
Bathroom
Large double bedroom
Balcony with access from the sitting room
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
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 45%, full price £500,000, £22,500 Min Deposit. Calculated using a representative rate of 4.64%
