1 bedroom apartment for sale

Available

386 Streatham High Road, SW16 6AT

£82,500 · Shared Ownership Resale

Share percentage 25%, full price £330,000, £8,250 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£82,500 Shared Ownership Resale

Share percentage 25%, full price £330,000, £8,250 Min Deposit.

Monthly Cost: £1,182
Rent £498, Service charge £265, Mortgage £419*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Summary

Spacious 3rd floor, one bedroom home at Derry Court SW16

Description

SHARED OWNERSHIP
• 25% share: £82,500
• Monthly rent: £498
• Monthly service charge*: £265
• Lease Term: 114 Years
• Council tax Band: C
• EPC rating: B
• £330,000 (Full market value)

This spacious 3rd floor, one bedroom home at Derry Court, benefits from great transport locations. Only 1 minute walk from Streatham)station and in just under 10 min from Streatham Common.

The property is just a short walk from a range of parks and green spaces such as Streatham Common. Streatham High Road is only a 1 mins minute walk away and offers an array of cafes, restaurants, pubs and retail spaces.

The home offers a bright delete as appropriate open-plan living area, featuring large windows and private balcony. The home benefits from a spacious primary bathroom.
With ample built-in storage space in the bedroom and hallway.

The home is well insulated and serviced with Boiler/ communal heating heating system.

The development benefits from shared communal gardens in the central courtyard and outside the building surrounding the church. Streatham Leisure centre is part of the development comprising swimming pool, ice rink and gym. The building has 24 hour security/concierge service who handle all parcel deliveries.

Disclaimer for viewings
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. The vendor shall be hosting the viewing and so you name and contact number shall be shared for viewing day purposes only. Please do let us know if you do not wish for your contact number to be shared. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Particulars

Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: C

Property Downloads
Floor Plan
Map
Streatham (0.09 miles) Streatham Common (0.42 miles) Streatham Hill (0.98 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£82,500
Shared Ownership Resale
Estimated Monthly Cost:£1,182
Rent £498
Service Charge £265
Mortgage £419

Share percentage 25%, full price £330,000, £8,250 Min Deposit. Calculated using a representative rate of 4.64%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.