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2 bedroom apartment for sale

Under Offer

Sarawak Court, 47 Consort Road, SE15 3SS

£101,250 · Shared Ownership Resale

Share percentage 25%, full price £405,000, £10,125 Min Deposit.

Under Offer
2 bedrooms
1 Bathroom
Private Balcony
Call 0203 815 0060 to book an appointment
Floor plan
floor-plan
Floor plan
floor-plan
£101,250 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £405,000, £10,125 Min Deposit

Monthly Cost: £1,723
Rent £891, Service charge £330, Mortgage £502*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Eligibility

You will need to be earning a guidance income of £55,533. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,125. Total approximate savings required £14,125.

Important borough specific eligibility criteria

Southwark

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 forth floor apartment in Southwark available through Shared Ownership 25% share at £101,250. (Full value £405,000)

Description

Ground Floor

  • Entryphone system to communal hallway
  • Passenger lift and stairwell.

Forth Floor

  • Hallway
  • One bedroom
  • Two bedroom
  • Reception / kitchen
  • Bathroom with WC.

External

  • Balcony
  • There is a bike store within the communal gardens.

GIA

66.34 sqm

EPC rating

B

Length of lease

105 years remaining

Borough

Southwark

Key Features

Type and use of Property:
Residential – 2 bedroom forth floor purpose built flat with a balcony in 2012 constructed block.
Location:
The subject property is located in Peckham, a mixed quality urban area consisting of properties of various styles and ages situated within the London Borough of Southwark. The property is conveniently located to all the usual amenities including schools, shops, cafes and restaurants as well as leisure facilities.
Description:
6 storey block of modern construction With ongoing works to replace the cladding, flat, felt covered roof (uninspected) UPVC double glazed windows. Gas central

Local Transport

  • Peckham Rye - 0.4 miles
  • Queens Road Peckham - 0.6 miles
  • Nunhead - 0.9 miles
Particulars

Tenure: Leasehold
Lease Length: 105 years
Council Tax Band: C

Property Downloads
Floor Plan
Map
Peckham Rye (0.27 miles) Queens Road Peckham (0.39 miles) Nunhead (0.52 miles)
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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£101,250
Shared Ownership Resale
Estimated Monthly Cost:£1,723
Rent £891
Service Charge £330
Mortgage £502

Share percentage 25%, full price £405,000, £10,125 Min Deposit. Calculated using a representative rate of 4.42%


Notting Hill Genesis Resales
View properties by this developer
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.