- 1 Bedroom
- 25% share available
- Call 0203 815 1234 to book your viewing.
Sixth floor, one bedroom home in the London borough of Lambeth for £95,000 25% share of £380,000 full market price, available through Shared Ownership.
Monthly Mortgage*: £505.03
Monthly Rent: £402.83
NHHO Service Charge: £128.92
Ground Rent: £16.67
Notting Hill Administration Fee: £0
Council Tax: £102.67
Estimated Total (per month): £1051.45 excluding council tax
*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 90% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
£95,000 (25% share price of £380,000)
- Private balcony
- Allocated parking space
Entrance hallway, open plan sitting room and kitchen with master bedroom and family bathroom.
Private balcony,allocated parking space
52 sq. m
Length of lease
You will need to be earning a guidance income of £37,962. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £9,500. Total approximate savings required £13,500.
Important borough specific eligibility criteria
Pan London with priority to Lambeth.
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||£380,000|
|Ownership||25% share available|
|Guidance household income||£37,962|
Location and local area
Loughborough Junction (0.48 km)
Denmark Hill (0.8 km)