1 bedroom apartment for sale
Kennington Road, London, SE11 6HR
Share percentage 50%, full price £405,000, £10,125 Min Deposit.
Share percentage 50%, full price £405,000, £10,125 Min Deposit
Monthly Cost: £1,669
Rent £341,
Service charge £228,
Mortgage £1,100*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in London, Greater London
Description
A bright and contemporary one-bedroom apartment with a spacious balcony, located in West London. Available through Shared Ownership.
Key Features:
- Located on the 1st floor
- Modern kitchen and bathroom
- 7 minute walk from Kennington Underground Station
- 10 minute walk from Lambeth Underground Station
- 10 minute walk to Vauxhall underground and overground stations
- Under 20 minute walk to Waterloo underground and overground stations
- Good local bus links to Oxford Street, Regents Street and The City
- Great Central London location
- Under 30 minute walk to Charing Cross
- Just half a mile from the River Thames - an ideal location for runners
- Nearby a selection of shops, restaurants, cafes, gyms and parks
Available for £202,500 for 50% share based on the marketing figure of £405,000.
Monthly rent - £340.97
Monthly Service Charge - £227.55
Total Monthly Charge - £568.52 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationLocated within a residential area with great local amenities
EPC ratingEnvironmental impact rating - C
Energy rating - B
Lease informationYears remaining on lease: 106
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 50%, full price £405,000, £10,125 Min Deposit. Calculated using a representative rate of 4.78%
