- 2 Bedrooms
- 60% share available
- Call 0203 815 1234 to book a viewing.
Eighth floor, double bedroom home in the London borough of Lambeth for £330,000 60% share of £550,000 full market price, available through Shared Ownership.
Monthly Mortgage*: £1,669.12
Monthly Rent: £445.99
NHHO Service Charge: N/A
Notting Hill Administration Fee: £13.50
Council Tax: £141.17
Estimated Total (per month): £2,128.61 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.
£330,000 (60% of £550,000)
Communal Entrance Hall with passenger lift
Kitchen, lounge, bathroom with WC, two bedrooms, hallway
The gross internal floor area of the property is approximately 54 sq. metres
Length of lease
You will need to be earning a guidance income of £76,707. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £33,000. Total approximate savings required £34,000.
Important borough specific eligibility criteria
Priority will be given to applicants who have a connection with the borough of 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||2|
|Full market price||£550,000|
|Ownership||60% share available|
|Guidance household income||£76,707|
Location and local area
Vauxhall (0.48 km)
Vauxhall St George Wharf Pier (0.32 km)