- 2 Bedrooms
- 40% share available
- Call 0203 815 1234 to book your appointment.
Second floor two bedroom home in the London borough of Southwark for £200,000 40% share of £500,000 full market price, available through Shared Ownership.
Monthly Mortgage: £1,011.59*
Monthly Rent: £683.75
NHHO Service Charge: £204.74
Monthly Ground Rent: £25
Estimated Total (per month): £1,923
* 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.
£200,000 (40% share price of £500,000)
Two Bedrooms, 2 Bathrooms/shower room, one reception room and kitchen
Shared roof terrace
75 square metres as per RICS valuation
F – General Access
Length of lease
You will need to be earning a guidance income of £69,372. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £20,000. Total approximate savings required 24,000.
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||£500,000|
|Ownership||40% share available|
|Guidance household income||£69,372|
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
Oval Station (1.77 km)
Stockwell Station (2.57 km)