- 1 Bedroom
- 75% share available
- Call 0203 815 1234 to book a viewing.
Second Floor, One bedroom home in the London borough of Merton for £270,000 (75% share of £360,000 full market price, available through Shared Ownership.
Monthly Mortgage: *£1,365.64
Monthly Rent: £110.64
NHHO Service Charge: £125.42
Council Tax: £108.75
Estimated Total (per month): £1,601.70 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 an 10% mortgage. The rent may increase each year, the increased calculation will be specified in the lease
£270,000 (75% share price of £360,000)
- Allocated parking space
- Fully gas central heated
Entryphone system to Communal Hallway,
Passenger Lift and Stairwell
Hallway. Bathroom with WC
One allocated parking space.
47 sq. m.
Length of lease
You will need to be earning a guidance income of £57,719 You will need access to savings of at least £4000 to cover the cost of buying the home. A minimum 10% deposit approx.. £27,000 Total approximate savings required £31,000
Important borough specific eligibility criteria
Applicants from all London boroughs can apply with priority given to Merton applicants
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 13/08/2018
|Number of Beds||1|
|Full market price||£360,000|
|Ownership||75% share available|
|Guidance household income||£57,719|
this development is provided by Notting Hill Sales
Notting Hill Sales is the trading name of Notting Hill Home Ownership and related companies.
Location and local area
Raynes Park Railway Station (0.48km)