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Oliver House, Wyvil Road, London SW8 2SX

  • 2 Bedrooms
  • 50% share available
  • Viewing Tuesday 18 September. Call 0203 815 2222 to book your appointment.

First floor two bedroom home in the London borough of Lambeth for £220,000 50% share of £440,000 full market price, available through Shared Ownership.

Monthly fees
Monthly Mortgage: £1,112.74*
Monthly Rent: £229.67
NHHO Service Charge: £115
Notting Hill Administration Fee: £13.50
Council Tax: £89.83

Estimated Total (per month): £1,412.71 excluding council tax

* Estimate - The monthly mortgage is based on an interest rate of 4.5% with a capital and interest repayment over 25 years. It is based on a 10% mortgage deposit. The rent may increase each year, the increase calculation will be specified in the lease.

£220,000 (50% share price of £440,000)

Key Features

  • Balcony
  • Communal Garden
  • Resident Parking

First floor
Entrance hall, WC, bathroom, kitchen, two bedrooms,living room

External
Balcony, resident only parking permits, communal gardens

GIA
61.5 sq. m

Accessibility rating
F

EPC rating
C

Length of lease
97 years

Borough
Lambeth

Eligiblity

You will need to be earning a guidance income of £48,721. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £22,000. Total approximate savings required £26,000.

Important borough specific eligibility criteria

Available to all with priority given to Lambeth residents.

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

Prices

Number of Beds 2
Full market price £440,000
Ownership 50% share available
Rent £229.670000 pcm
Guidance household income £48,721
Status Available Now
Service charge £115

Location and local area

Local Transport

London Underground
Vauxhall Station (0.8km)