1 bedroom apartment for sale
386 Streatham High Road, SW16 6AT
Share percentage 25%, full price £330,000, £8,250 Min Deposit.
Share percentage 25%, full price £330,000, £8,250 Min Deposit.
Monthly Cost: £1,182
Rent £498,
Service charge £265,
Mortgage £419*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Spacious 3rd floor, one bedroom home at Derry Court SW16
Description
SHARED OWNERSHIP
• 25% share: £82,500
• Monthly rent: £498
• Monthly service charge*: £265
• Lease Term: 114 Years
• Council tax Band: C
• EPC rating: B
• Allocated Parking
• £330,000 (Full market value)
This spacious 3rd floor, one bedroom home at Derry Court, benefits from great transport locations. Only 1 minute walk from Streatham)station and in just under 10 min from Streatham Common.
The property is just a short walk from a range of parks and green spaces such as Streatham Common. Streatham High Road is only a 1 mins minute walk away and offers an array of cafes, restaurants, pubs and retail spaces.
The home offers a bright delete as appropriate open-plan living area, featuring large windows and private balcony. The home benefits from a spacious primary bathroom.
With ample built-in storage space in the bedroom and hallway.
The home is well insulated and serviced with Boiler/ communal heating heating system.
Included is an allocated parking bay.
The development benefits from shared communal gardens in the central courtyard and outside the building surrounding the church. Streatham Leisure centre is part of the development comprising swimming pool, ice rink and gym. The building has 24 hour security/concierge service who handle all parcel deliveries.
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: C
Property Downloads
Floor PlanMap
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 £330,000, £8,250 Min Deposit. Calculated using a representative rate of 4.64%