2 bedroom apartment for sale

Available

Caledonian Court,, Highwood Close, SE22 8NW

£258,000 · Shared Ownership Resale

Share percentage 60%, full price £430,000, £25,800 Min Deposit.

Available
2 bedrooms
1 Bathroom
Communal Garden
Parking
Floor plan
Floor plan
£258,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 60%, full price £430,000, £25,800 Min Deposit.

Monthly Cost: £2,013
Rent £344, Service charge £366, Mortgage £1,303*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Eligibility

Eligibility

You may be eligible for this property if:

· Register your interest (pink button on the right)

· Have a passed initial financial assessment with one of the below companies:

SRC Mortgage Solutions (https://www.srcmortgagesolutions.com/)

TMP The Mortgage People (tmpmortgages.co.uk)

Mortgage Advice Bureau | UK’s leading mortgage intermediary (https://www.mortgageadvicebureau.com)

· You have a gross household income of no more than £90000 per annum when eligible to purchase.

· Live or work in the borough

· You are unable to purchase a suitable home to meet your housing needs on the open market. (Shares cannot be purchased in cash unless you are unable to obtain a mortgage due to age or religious grounds)

· You do not already own a home, or you will have sold your current home before you purchase or rent.

· To purchase this 25% minimum share you will need a minimum joint household income of £63182 and available savings of £15000 for a 10% mortgage deposit.

Summary

Southern Housing are delighted to offer for sale this well-presented 2 bedroom 2dn Floor Apartment at the stunning Caledonian Court

Description

Stunning 2 bed property located in the heart of South London.

This property consists of a large open plan reception/kitchen, two generously sized bedrooms, tiled bathroom, off street park and stunning communal garden.

Viewings are by appointment, only once we received confirmation of a passed initial assessment.

Lease Term: 99 years from 1 January 2007

EPC Rating: C

Council: Southwark

Council tax band: D

Floor size:60m2

Key Features

Short walking distance to shops, supermarkets, amenities & several parks

NEAREST STATIONS

Forest Hill Station

0.6 miles

Sydenham Hill Station

0.8 miles

West Dulwich Station

1.0 miles

NEAREST SCHOOLS

Eliot Bank Primary School

State School

Ofsted: Good

0.4 miles

Horniman Primary School

State School

Ofsted: Good

0.4 miles

Goodrich Community Primary School

State School

Ofsted: Requires improvement

0.6 miles

St Anthony's Catholic Primary School

State School

Ofsted: Good

0.6 miles

Particulars

Tenure: Leasehold
Lease Length: 99 years
Council Tax Band: D

Property Downloads
Floor Plan
Map
Forest Hill (0.51 miles) Sydenham Hill (0.90 miles) Sydenham (1.05 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.

£258,000
Shared Ownership Resale
Estimated Monthly Cost:£2,013
Rent £344
Service Charge £366
Mortgage £1,303

Share percentage 60%, full price £430,000, £25,800 Min Deposit. Calculated using a representative rate of 4.59%


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.