2 bedroom apartment for sale
Norwood Road, , SE24 9AG
Share percentage 50%, full price £500,000, £25,000 Min Deposit.
Share percentage 50%, full price £500,000, £25,000 Min Deposit.
Monthly Cost: £1,511
Rent £153,
Service charge £96,
Mortgage £1,262*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Herne Hill, London
Description
Well presented two-bedroom apartment available through shared ownership in Herne Hill, London. The apartment is located on the first floor of a period semi-detached property and is in excellent condition throughout. The property comprises an entrance hall, large reception room, kitchen, two bedrooms, and family bathroom, with high ceilings throughout. The property also benefits from communal areas to the front and is a one minute walk from Brockwell Park.
The nearby train links provide connection to Blackfriars (12 minutes), Farringdon (16 minutes), Kings Cross (20 minutes) and London Bridge (20 minutes). Brixton (Victoria Line) is also a 12 minute bus away.
Available for £250,000 for 50% share based on the marketing figure of £500,000.
SO Resi Monthly Payment - £152.70
Monthly Service Charge - £96.01
Total Monthly Charge - £248.71 plus mortgage required for 50% share.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resale
Layout and dimensionsThe property is approximately 65m2.
Reception room: 5.77 x 4.11
Kitchen: 3.35 x 2.06
Bedroom 1: 3.99 x 3.15
Bedroom 2: 3.12 x 2.84
EPC ratingEnergy Rating Band - D
Environmental Impact Band - D
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- Two bedroom
- First floor
- Large reception room
- Communal front garden
- Close to Brockwell Park
- Available for 50% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £500,000, £25,000 Min Deposit. Calculated using a representative rate of 4.59%
