2 bedroom apartment for sale
Fonthill Apartments, 1B Jeffreys Road, SW4 6QU
Share percentage 40%, full price £565,000, £22,600 Min Deposit.
Share percentage 40%, full price £565,000, £22,600 Min Deposit.
Monthly Cost: £2,348
Rent £976,
Service charge £225,
Mortgage £1,147*
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 £88,175. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £22,600.Total approximate savings required £26,600.
Important Borough Specific Eligibility Criteria
Lambeth
All applicants will be considered however, those living and working in the Lambeth will be given priority.
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
Two-bedroom raised ground floor flat in Lambeth available through Shared Ownership 40% for £226,000.
Description
Internal
- Reception / Kitchen
- Master bedroom
- Second bedroom
- Hallway
- Bathroom
External
- Private balcony
- Entryphone system
GIA
- 65sqm
EPC
- B
Length of lease:
- 119 years remaining
Borough:
- Lambeth
Key Features
Local Area
- Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities.
Transport
- Stockwell (0.20 miles)
- Clapham North (0.39 miles)
- Clapham High Street (0.43 miles)
Particulars
Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: D
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 40%, full price £565,000, £22,600 Min Deposit. Calculated using a representative rate of 4.64%