- 2 Bedrooms
- 40% share available
- Viewing Sunday 19 August 2018. Call 0203 815 1234 to book your appointment.
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 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)
Entrance Hall, Bathroom, Bedroom One, Bedroom Two, Living Room/Kitchen
69 sq. metres
Length of lease
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
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 07/08/2018
|Number of Beds||2|
|Full market price||£510,000|
|Ownership||40% share available|
|Guidance household income||£66,284|
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
Oval Station (1.2km)
Stockwell Station (1.5km)