- 1 Bedroom
- 60% share available
- Call 0203 815 2222 to book a viewing.
Fourth floor, one bedroom home in the London borough of Wandsworth for £285,000 60% share of £475,000 full market price, available through Shared Ownership.
Monthly Mortgage*: £1,366.81
Monthly Rent: £286.20
Service Charge**: £158.06
Notting Hill Administration Fee: £13.50
Council Tax: £60.25
Estimated Total (per month): £1,824.57 excluding council tax
* Estimate - The monthly mortgage is based on an interest rate of 3.99% 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.
** Service charge payable to Harrods Estates
£285000 (60% share price of £475000)
- Allocated parking
Kitchen, lounge, one bedroom, bathroom
Balcony, allocated parking
50 sq. m
Length of lease
You will need to be earning a guidance income of £65,750. You will need access to savings of approximately £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £28,500. Total approximate savings required £32,500.
Important borough specific eligibility criteria
Wandsworth will only accept applicants who have registered with Wandsworth Home Ownership and have been granted a reference number. You will not be able to book a viewing for this resale property unless you can provide your Wandsworth reference number. This property will only be allocated to suitably registered applicants for a minimum of eight weeks.
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||60% share available|
|Guidance household income||£65,750|
Location and local area
Clapham Junction (1km)