1 bedroom apartment for sale
Angel Lane, SE17 3FF
Share percentage 40%, full price £490,000, £19,600 Min Deposit.
Share percentage 40%, full price £490,000, £19,600 Min Deposit.
Monthly Cost: £1,837
Rent £726,
Service charge £121,
Mortgage £990*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £69,960. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £19,600. Total approximate savings required £23,600.
Southwark Borough Eligibility Criteria
All London applicants will be considered with priority given to people who live/work in the borough.
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.
Summary
One-bedroom fifth floor apartment in Southwark available through Shared Ownership 40% at £196,000.
Description
This one-bedroom flat on the fifth floor forms part of a modern purpose built block in North Walworth. The property is situated within an established residential district on the borders between Kennington and Elephant & Castle and enjoys great views.
Internal
- Entrance hallway
- One double bedroom
- Open plan kitchen and living room
- Bathroom
External
- Private balcony
- Communal gardens and roof terrace
GIA
- 48sqm
EPC
- B
Length of Lease
- 121 years remaining
Key Features
Transport
- Kennington / Undergound (0.35 miles)
- Elephant and Castle / Thameslink (0.55 miles)
- Elephant and Castle / Underground (0.5 miles)
- Oval / Underground (0.85 miles)
Local Area
- Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities.
Particulars
Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: D
Property Downloads
Floor Plan 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 £490,000, £19,600 Min Deposit. Calculated using a representative rate of 4.59%
