2 bedroom apartment for sale
Flat 11, King George Court, 26 Coldharbour Lane, SE5 9SE
Share percentage 40%, full price £420,000, £16,800 Min Deposit.
Share percentage 40%, full price £420,000, £16,800 Min Deposit.
Monthly Cost: £1,514
Rent £470,
Service charge £192,
Mortgage £852*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Are you eligible for a Shared Ownership home?
Eligibility will vary depending on which property you are looking at purchasing, the property size and whether there are any criteria imposed by the local authority.
General Shared Ownership eligibility criteria
- You must be aged 18 or older.
- Your annual household income if buying outside of London must be less than £80,000.
- Your annual household income if buying in London must be less than £90,000.
- You will normally be a first time buyer or be in the process of selling your home. You must not own any other property at the time you buy your new home.
- You should not be able to afford to buy a home on the open market which is suitable for your housing needs.
- You must be able to show you are not in rent or mortgage arrears.
- You must be able to demonstrate that you have a good credit history (no County Court Judgements or bad debts) and can afford the costs and regular payments involved in buying a home.
Please note: You should always check the eligibility required with the specific development, as there may be specific criteria.
Priority for Shared Ownership:
In some instances, priority for Shared Ownership properties can be given to applicants:
- That work for the Armed Forces / Ministry of Defence.
- Who are council and housing association tenants.
- Who live or work in the borough in which the property is located over those who currently live or work outside it.
- On some developments, secondary priority is given to applicants who live or work in the neighbouring borough
Summary
Perfectly placed in the heart of Camberwell this spacious 2-bedroom flat is safely nestled into the heart of South East London.
Description
Perfectly placed in the heart of Camberwell this spacious 2-bedroom flat is safely nestled into the heart of South East London. Within walking distance of Brixton, Peckham, Herne Hill, East Dulwich and Elephant and Castle this zone 2 home has access to both overground and underground stations and 24-hour access to regular transport links both into and out of the city center. Its ideal for commuters or those working within King’s College Hospital which is only a 2 mins walk from this building.
This property is a bright, well-proportioned 2 bedroom apartment, with good-sized double bedrooms and room for storage. The flat opens onto a long hallway which leads to 2 good-sized double bedrooms, a bathroom and opens up to a large open plan living area which comfortably fits a living room, dining room and kitchen. The kitchen has plenty of cupboards, a built oven with ceramic hobs and stainless steel sink. This opens to a Juliette balcony which makes the room feels light and airy and fills the room with morning sun.
The fitted bathroom is also a very good size, with a heated towel rail, glass bath shower screen and large mirror taking up one wall.
There is an additional cupboard accessed from the living area which is perfect for a washing machine.
This flat is warm, well insulated and fitted with full underfloor heating, and boasting dark wooden floorboard throughout apart from the bathroom which is fitted with tiles.
There is a secure bike storage area that is fob-only access and a 2-door phone or fob access entry system for peace of mind in regards to security for the building and the flats.
Key Features
·Close to local shops, transport and local hospital
·Secure door entry phone system
·Balcony
·Underfloor heating
·Secure fob entry to bicycle storage
·Double glazing
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Energy CertificateMap
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 40%, full price £420,000, £16,800 Min Deposit. Calculated using a representative rate of 4.64%
