Share percentage 60%, full price £430,000, £25,800 Min Deposit.
Monthly Cost: £2,019
Rent £344,
Service charge £366,
Mortgage £1,309*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Eligibility
You may be eligible for this property if:
· Register your interest (pink button on the right)
· Have a passed initial financial assessment with one of the below companies:
SRC Mortgage Solutions (https://www.srcmortgagesolutions.com/)
TMP The Mortgage People (tmpmortgages.co.uk)
Mortgage Advice Bureau | UK’s leading mortgage intermediary (https://www.mortgageadvicebureau.com)
· You have a gross household income of no more than £90000 per annum when eligible to purchase.
· Live or work in the borough
· You are unable to purchase a suitable home to meet your housing needs on the open market. (Shares cannot be purchased in cash unless you are unable to obtain a mortgage due to age or religious grounds)
· You do not already own a home, or you will have sold your current home before you purchase or rent.
· To purchase this 25% minimum share you will need a minimum joint household income of £63182 and available savings of £15000 for a 10% mortgage deposit.
Summary
Southern Housing are delighted to offer for sale this well-presented 2 bedroom 2dn Floor Apartment at the stunning Caledonian Court
Description
Stunning 2 bed property located in the heart of South London.
This property consists of a large open plan reception/kitchen, two generously sized bedrooms, tiled bathroom, off street park and stunning communal garden.
Viewings are by appointment, only once we received confirmation of a passed initial assessment.
Lease Term: 99 years from 1 January 2007
EPC Rating: C
Council: Southwark
Council tax band: D
Floor size:60m2
Key Features
Short walking distance to shops, supermarkets, amenities & several parks
NEAREST STATIONS
Forest Hill Station
0.6 miles
Sydenham Hill Station
0.8 miles
West Dulwich Station
1.0 miles
NEAREST SCHOOLS
Eliot Bank Primary School
State School
Ofsted: Good
0.4 miles
Horniman Primary School
State School
Ofsted: Good
0.4 miles
Goodrich Community Primary School
State School
Ofsted: Requires improvement
0.6 miles
St Anthony's Catholic Primary School
State School
Ofsted: Good
0.6 miles
Particulars
Tenure: Leasehold
Lease Length: 99 years
Council Tax Band: D
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 60%, full price £430,000, £25,800 Min Deposit. Calculated using a representative rate of 4.64%
