1 bedroom apartment for sale
Flat 13, 21a Rothsay Street, SE1 4BF
Share percentage 35%, full price £479,999, £8,400 Min Deposit.
Share percentage 35%, full price £479,999, £8,400 Min Deposit.
Monthly Cost: £2,100
Rent £1,164,
Mortgage £936*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
- Not own another property in the UK or any other country.
- Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
- Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
- Be in full time permanent employment.
- Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
- Have a good credit history.
Summary
1-bedroom apartment on the award-winning Jam Factory development
Description
Nestled within the prestigious and award-winning Jam Factory development, this exceptional 1-bedroom apartment offers the perfect blend of contemporary living and historic charm. Situated in the heart of London's vibrant SE1, this residence boasts an enviable location with a plethora of amenities and entertainment options at your fingertips.
Developed in 2010, this stylish one-bedroom apartment offers a delightful living space that exudes warmth and comfort. Immaculately presented and adorned with modern touches, it boasts a chic interior that perfectly complements the building's rich history.
Embracing the vibrant spirit of SE1, this area is renowned for its character and strong sense of community, providing a welcoming atmosphere for residents. With a myriad of amenities, trendy cafes, and cultural hotspots at your doorstep, you'll have everything you need to create a fulfilling lifestyle.
With its prime location, historic significance, and immaculate presentation, this one-bedroom apartment in The Jam Factory is a true gem and a must-see for those seeking a delightful place to call home. Don't miss out on the chance to be a part of this captivating community and secure your future in one of London's most sought-after areas.
*Information is correct to the best of our knowledge, please speak to the estate agent for more information*
Key Features
- First floor apartment
- Open plan living
- 24-hour concierge service
- Communal garden space
- Gated development
- Balcony overlooking a quiet communal courtyard
- Peaceful development
- Walking distance from the City
- Tenure:Leasehold (125 years from 01/01/2010).
- Share Available:35% (£168,000).
- Shared Ownership Rent:£1164.40 per month (subject to annual review).
- Lease Management Fee:£23.46 per month (subject to annual review)
- Council Tax:Band D, SouthwarkCouncil
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: D
Property Downloads
Key Information Document 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 35%, full price £479,999, £8,400 Min Deposit. Calculated using a representative rate of 5.03%
