- 1 Bedroom
- 50% share available
- Call 0203 815 1234 to book a viewing
First floor studio flat in the London Borough of Camden, available to buy through Shared Ownership. Full market value £400,000, 50% share available, share price £200,000.
Monthly Mortgage**: £1,011
Monthly Rent: £308.84
NHHO Service Charge: £94.44
Estimated Total (per month): £1414
**Estimate: The 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
£200,000 (50% share price of £400,000)
- Grade 1 listed building
Security entrance door
Entrance lobby, studio room with door to balcony, bathroom, wash room and kitchen
24.7 sq. m as per RICS valuation
F – General housing
Length of lease
You will need to be earning a guidance income of £50,986. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £20,000. Total approximate savings required £24,000.
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.
*Please note there is a staircasing restriction of 80% ownership on this property.
Details correct as at 29/11/2018
|Number of Beds||1|
|Full market price||£400,000|
|Ownership||50% share available|
|Guidance household income||£50,986|
Location and local area
Belsize Park (0.32 km)