2 bedroom apartment for sale
4 Bourbon Road, SW9 6FS
Share percentage 55%, full price £530,000, £29,150 Min Deposit.
Share percentage 55%, full price £530,000, £29,150 Min Deposit
Monthly Cost: £2,327
Rent £654,
Service charge £201,
Mortgage £1,472*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £88,766. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £29,150. Total approximate savings required £33,150.
Important borough specific eligibility criteria
Lambeth
All London applicants will be considered with priority given to people who live/work in the borough.
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
Two Bedroom, Third Floor Apartment in the London Borough of Lambeth available through Shared Ownership - 55% share - £291,500, Full Market Value - £530,000.
Description
This is a well maintained third floor apartment located close to local amenities and with excellent transport links.
Third Floor
- Accommodation:
Reception: 3.46m x 6.40m
Kitchen: 4.87m x 2.98m
Bedroom 1: 2.70m x 5.19m
Bedroom 2: 2.51m x 5.19m
Bathroom: 2.39m x 2.05m
Storage
Externally
- Balcony
- Access to communal gardens and grounds
GIA
72.14 sqm
EPC rating
B
Length of lease
90 years remaining
Borough
Lambeth
Key Features
Key Features
- Secure Video Door Entry
- Myatt’s Fields Park short walk away
- O2 Academy
- Brixton Village
- The Oval
Local Transport
- Stockwell Underground – 0.7m
- Oval Underground – 0.8m
- Brixton Rail – 0.8m
- Loughborough Junction Rail – 0.8m
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: Yes - Private Balcony
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 55%, full price £530,000, £29,150 Min Deposit. Calculated using a representative rate of 4.59%
