- 1 Bedroom
- 25% share available
- Call 0203 815 1234 to book a viewing.
Ninth floor one bedroom home in the London borough of Lambeth for £128,750 25% share of £515,000 full market price, available through Shared Ownership.
Monthly Mortgage*: £651.21
Monthly Rent: £762.83
NHHO Service Charge: £0
Notting Hill Administration Fee: £13.50
Council Tax: £141.17
Estimated Total (per month): £1,427.54 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.
£128,750 (25% share of £515,000)
- Within walking distance to train station
- Communal garden
Entrance hallway (with two cupboards), bathroom with wc, double bedroom and combined living room/kitchen.
Communal gardens, bicycle store
51 sq. m
Length of lease
You will need to be earning a guidance income of £51,443. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. Total approximate savings required £16,875.
Important borough specific eligibility criteria
Pan London with priority to applicants living or working in 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||£515,000|
|Ownership||25% share available|
|Guidance household income||£51,443|
Location and local area
London Underground and Overground
Vauxhall Station (0.2 km)