- 2 Bedrooms
- 40% share available
- Viewing Saturday 28 April. Call 0203 815 1234 to book your appointment.
Two bedrooms first floor flat London Borough of Croydon, available to buy through Shared Ownership. Full market value £290,000, 40% share available, share price £116,000.
Monthly Mortgage**: £616.67
Monthly Rent: £385.43
NHHO Service Charge*: £161.81
Council Tax: £121.25
Estimated Total (per month): £1,163.91 excluding council tax
*Service Charge payable to Notting Hill
** The estimated monthly mortgage is based on an interest rate of 4.99 % 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
£116,000 (40% share price of £290,000)
- Communal gardens
Entry phone system to communal, hallway, passenger lift and stairwell.
Two bedrooms, reception/kitchen, hallway, bathroom with WC
No external facilities
63 square metres as per RICS valuation
F – General Access
Length of lease
You will need to be earning a guidance income of £41,943. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,600. Total approximate savings required £15,600
Important borough specific eligibility criteria
Open to applicants who live or work in London, priority to applicants connected to Croydon.
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 20/04/2018
|Number of Beds||2|
|Full market price||£290,000|
|Ownership||40% share available|
|Guidance household income||£41,943|
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
Thornton Heath (0.16 km)