1 bedroom apartment for sale
Pearce House, Montaigne Close, SW1P 4AY
Share percentage 25%, full price £530,000, £13,250 Min Deposit.
Share percentage 25%, full price £530,000, £13,250 Min Deposit.
Monthly Cost: £1,319
Rent £320,
Service charge £327,
Mortgage £672*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £41,881. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £13,250. Total approximate savings required £17,250.
Important borough specific eligibility criteria - Westminister
This property is available to applicants living or working in Westminster only.
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 first floor apartment in Westminster available through Shared Ownership 25% at £132,000.
Description
Internal
- Entrance hall
- Open plan living room / kitchen
- Bedroom
- Utility cupboard
- Bathroom
External
- Private balcony
- Communal courtyard
GIA
50sqm
EPC
B
Lease
168 years remaining
Borough
Westminister
Key Features
Transport
- Pimlico (0.19 miles)
- Vauxhall (0.46 miles)
- St. James's Park (0.61 miles)
Local Area
Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities.
Particulars
Tenure: Leasehold
Lease Length: 168 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 25%, full price £530,000, £13,250 Min Deposit. Calculated using a representative rate of 4.64%
