- 1 Bedroom
- 65% share available
- Call 0203 815 1234 to book your appointment.
Ground floor one bedroom home in the London borough of Lambeth for £250,250 (65% share of £385,000 full market price) available through Shared Ownership.
**Monthly Mortgage: £1265.75
Monthly Rent: £323.83
*NHHO Service Charge: £274.58
Council Tax: £157.75
Estimated Total (per month): £1864.16 (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
£250,250 (65% share price of £385,000)
- Small private patio
Kitchen/Lounge, Bedroom, Bathroom with WC and Hallway
Small private patio
Length of lease
You will need to be earning a guidance income of £67,777. You will need access to savings of at least £4000 to cover the cost of buying the home. A minimum 10% deposit approx. £25,025 Total approximate savings required £29, 025. Cash purchases will also be accepted.
Important borough specific eligibility criteria
Priority will go to applicants with a connection to Lambeth but all applicants can apply.
This property is restricted to persons aged 55 years and over.
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||1|
|Full market price||£385,000|
|Ownership||65% share available|
|Guidance household income||£67,777|
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
West Norwood Station (450 m)