- 2 Bedrooms
- 25% share available
- Call 0203 815 1234 to book your appointment.
2nd & 3rd floor 2 bedroom duplex home in the London borough of Southwark for £158,750 for a 25% share of £635,000 full market price, available through Shared Ownership.
Monthly Mortgage**: £843.93
Monthly Rent: £985.73
NHHO Service Charge*: £232.44
Ground Rent: £25.00
Council Tax: £122.33
Estimated Total (per month): £2,062.10 excluding council tax
*Service Charge payable to Notting Hill
**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 90% mortgage. The rent may increase each year, the increase calculation will be specified in the lease
£158,750 (25% share price of £635,000)
- Terrace & Communal gardens
Entrance hallway with video entry system, carpeted entrance and stairwell
Open plan kitchen and living area, stairways from the hallway leading to upper level that has two bedrooms and bathroom
Terrace, communal gardens
Length of lease
You will need to be earning a guidance income of £75,211. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,875 Total approximate savings required £19,875.
Important borough specific eligibility criteria - LB of Southwark – Anyone who live/work in London can apply, priority will be given to applicants who live/work in Southwark, Bromley, Lewisham, Greenwich or Bexley
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 06/06/2018
|Number of Beds||2|
|Full market price||£635,000|
|Ownership||25% share available|
|Guidance household income||£75,211|
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
Bermondsey Station (800 m)