2 bedroom apartment for sale
Sarawak Court, 47 Consort Road, SE15 3SS
Share percentage 50%, full price £410,000, £20,500 Min Deposit.
Share percentage 50%, full price £410,000, £20,500 Min Deposit.
Monthly Cost: £1,971
Rent £580,
Service charge £351,
Mortgage £1,040*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £67,389. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £20,500. Total approximate savings required £24,500.
Important borough specific eligibility criteria
Southwark
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
Two bedroom fifth floor apartment in Southwark available through Shared Ownership 50% share at £205,000.
Description
Ground Floor
- Entryphone system to communal hallway
- Passenger lift and stairwell.
Fifth Floor
- Hallway
- One bedroom
- Two bedroom
- Reception / kitchen
- Bathroom with WC.
External
- Winter-garden with duel access from Reception Room and Bedroom (2).
- There is a bike store within the communal gardens.
GIA
64sqm
Accessibility rating
D
EPC rating
B
Length of lease
110 years remaining
Borough
Southwark
Key Features
Local Transport
- Peckham Rye - 0.4 miles
- Queens Road Peckham - 0.6 miles
- Nunhead - 0.9 miles
Particulars
Tenure: Leasehold
Lease Length: 111 years
Council Tax Band: Not specified
Property Downloads
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 50%, full price £410,000, £20,500 Min Deposit. Calculated using a representative rate of 4.64%
