- 2 Bedrooms
- 50% share available
- Call 0203 815 1234 to book your appointment.
First floor two bedroom home in the London borough of Merton for £165,000 share price 50% share of £330,000 full market price, available through Shared Ownership.
Monthly Mortgage: *£791.31
Monthly Rent: £277.90
Other Service Charge: *£162.00
Notting Hill Administration Fee: £13.50
Ground Rent: £20.83
Council Tax: £108.75
Estimated Total (per month): £1265.54 excluding council tax
£165,000 (share price 50% of 330,000)
- Allocated parking
- En suite
Entry system to communal hallway and stairwell
Bedroom (1) with en-suite shower and wc, bedroom (2) reception/kitchen, hallway, bathroom with wc
Balcony accessed from reception room. One allocated parking space.
67 sq.m as per RICS valuation
Length of lease
You will need to be earning a guidance income of £36,767. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,500. Total approximate savings required £21,500.
Important borough specific eligibility criteria
Priority will go to applicants with a connection to Merton 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 05/11/2018
|Number of Beds||2|
|Full market price||£330,000|
|Ownership||50% share available|
|Guidance household income||£36,767|
Location and local area
Mitcham Eastfields (0.36 km)