2 bedroom apartment for sale
Brickfield Road, Clapham, SW4 8DQ
Share percentage 90%, full price £530,000, £23,850 Min Deposit.
Share percentage 90%, full price £530,000, £23,850 Min Deposit.
Monthly Cost: £2,973
Rent £104,
Service charge £151,
Mortgage £2,718*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Clapham, London
Description
This bright, spacious two-bedroom Maisonette is now available in Clapham through Shared Ownership.
This ground-floor property comprises an entrance hall, a spacious living room with a modern open plan, two bedrooms (one en-suite bedroom), and a bathroom.
Outside, there is a communal patio. Perfect for couples and small families.
Available for £477,000 for 90% share based on the marketing figure of £530,000.
Monthly rent - £103.54
Monthly Service Charge - £151.17
Total Monthly Charge - £254.71 plus mortgage required for 90% share.
An annual rent increase takes place every April
LocationThe property is within a reasonable distance of the nearest underground station; Clapham South (Northern Line) with services into Central London. The area is well-served by local bus routes.
The property is also close to the local shopping and recreational facilities within the area.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 113
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Two bedroom maisonette
- Modern kitchen
- En-suite bedroom
- Excellent travel links
- Available for 90% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
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 90%, full price £530,000, £23,850 Min Deposit. Calculated using a representative rate of 5.26%
