2 bedroom apartment for sale
Fairbourne Road, Clapham, SW4 8DZ
Share percentage 30%, full price £600,000, £9,000 Min Deposit.
Share percentage 30%, full price £600,000, £9,000 Min Deposit
Monthly Cost: £2,316
Rent £1,196,
Service charge £117,
Mortgage £1,003*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Clapham, London
Description
Bright and spacious two-bedroom apartment now available in Clapham, South London through Shared Ownership.
The property comprises of an open plan living room, with a modern kitchen two bedrooms, two bathrooms and a private balcony which is accessible through the living room.
The apartment is on the second floor of a recently constructed building (circa 2019); providing residents access to roadside parking with a resident permit.
Available for £180,000 for 30% share based on the marketing figure of £600,000.
Monthly rent - £1196.40
Monthly Service Charge - £116.73
Total Monthly Charge - £1,313.13 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationThe property is located in a residential area, offering a well-connected location with excellent amenities nearby. Within a 5-minute walk, you'll find local supermarkets, gyms, and local parks, including Clapham Common, providing both convenience and green spaces for relaxation.
Schools and healthcare facilities, including hospitals, are within 10 minutes, ensuring accessibility for families and professionals.
Clapham Common Station (Northern Line) is just 10 minutes away on foot, while Brixton Station is a 15 minute walk, offering direct access to Central London in under 30 minutes. The area is well-served by bus routes and road links, making travel across London seamless.
EPC ratingEnergy rating band - B
Environmental rating band - B
Lease informationYears remaining on lease: 123
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
- Two-bedroom apartment
- Central London >30 min
- Private balcony
- Local amenities
- Available for 30% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document 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: 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 30%, full price £600,000, £9,000 Min Deposit. Calculated using a representative rate of 5.03%
