- 1 Bedroom
- 40% share available
- Viewings on Sunday 23 September 2018. Call 0203 815 1234 to book your viewing.
Fifth floor, one bedroom home in the London borough of Wandsworth for £178,000 share 40% of £445,000 full market price, available through Shared Ownership.
Monthly Mortgage*: £553.84
Monthly Rent: £451.91
Service Charge: £158.06
Notting Hill Administration Fee: £13.50
Grount Rent: £20.83
Council Tax: £122.33
Estimated Total (per month): £1,177.31 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. The rent may increase each year, the increase calculation will be specified in the lease.
£178,000 (40% share price of £445,000)
- On Site Concierge
- Communal Gardens
Entrance hallway, bathroom, kitchen/reception room and bedroom
50 sq. m
F – general housing
Length of lease
You will need to be earning a guidance income of £43,176. You will need access to savings of at least £4000 to cover the cost of buying the home. A minimum 10% deposit approximately £17,800. Total approximate savings required £21,800.
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 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||£445,000|
|Ownership||40% share available|
|Guidance household income||£43,176|
Location and local area
Clapham Junction (900 m)
Clapham South (3.4 km)