- 1 Bedroom
- 40% share available
- Call 0203 815 1234 to book your appointment.
One bedroom, third floor flat in the London borough of Lambeth for £190,000 40% share of £475,000 full market price, available through Shared Ownership.
Monthly Mortgage**: £961.01
Monthly Rent: £474.92
Service Charge*: 145.74
Notting Hill Administration Fee: £13.50
Council Tax: £102.67
Estimated Total (per month): £1,449.43 excluding council tax
*Service Charge payable to Notting Hill on behalf of Managing Agent
**The estimated monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
£190,000 (40% share price of £475,000)
- Communal garden
- Entry phone system
Communal entrance hall, with passenger lift
Hall, open plan lounge/kitchen, bedroom, bathroom with WC
Juliet balcony to the lounge
Length of lease
You will need to be earning a guidance income of £57,483. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19,000. Total approximate savings required £23,000.
Priority will go to applicants with a connection to Lambeth but all applicants can apply.
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.
Details correct as at 19/09/2018
|Number of Beds||1|
|Full market price||£475,000|
|Ownership||40% share available|
|Guidance household income||£57,483|
Location and local area
Clapham Common (0.32km)