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57 Cowley Road, London, SW9 6BN

  • 2 Bedrooms
  • 40% share available
  • Call 0203 815 1234 to book a viewing.

Two bedroom Fourth Floor Flat in the London borough of Lambeth for £204,000, 40% share of £510,000 full market price, available through Shared Ownership.

Monthly Fees
Monthly Mortgage*: £1,031.82
Monthly Rent: £674.05
NHHO Service Charge: £120
Notting Hill Administration Fee: £13.50
Council Tax: £115.50

Estimated Total (per month): £1,839.37 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.

£204,000 (40% share price of £510,000)

Key Features

  • Balcony

Fourth floor 
Entrance hall, bathroom, bedroom one, bedroom two, living room/kitchen

External
Balcony

GIA
69 sq. m

Accessibility rating
D

EPC rating
B

Length of lease
96 Years

Borough
Lambeth

Download floorplan

Eligibility 

You will need to be earning a guidance income of £66,284. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £20,400. Total approximate savings required £24,400.

Important borough specific eligibility criteria

Lambeth
Applicants from all London boroughs can apply with priority given to Lambeth 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 19/09/2018

Prices

Number of Beds 2
Full market price £510,000
Ownership 40% share available
Rent £674.050000 pcm
Guidance household income £66,284
Status Available Now
Service charge £120

Location and local area

Local Transport

London Underground
Oval Station (1.2km)
Stockwell Station (1.5km)