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£120,000
This bright, modern, one-bedroom apartment is now available in South West London Clapham through Shared Ownership.
The property on the fourth floor comprises an entrance hall with storage space, a spacious living room with a modern open-plan kitchen, one bedroom and a bathroom. Outside, there is a private balcony. Perfect for couples or singles.
Available for £120,000 for 25% share based on the marketing figure of £480,000.
Monthly rent - £1093.05
Monthly Service Charge - £115.70
Total Monthly Charge - £1,208.75 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area in Clapham, South London, with several amenities nearby and the underground station just a mile away; there's also a local bus station on the main road. Central London can be reached in half an hour.
There are several schools in the area, many of which are just a few minutes' walk away.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 124
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.
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