1 bedroom apartment for sale
Montem Lane, SL1 2QG
Share percentage 40%, full price £305,000, £6,100 Min Deposit.
Share percentage 40%, full price £305,000, £6,100 Min Deposit.
Monthly Cost: £1,186
Rent £381,
Service charge £125,
Mortgage £680*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll pay for the part that’s left. It’s an opportunity to buy the home that’s right for you without needing the large deposit or the mortgage that goes with it.
Shared Ownership could be for you if:
- You are over the age of 18
- Your household income is less than £80,000
- You don’t already own a home at the time of buying your Shared Ownership property
Summary
Secure a brand new 1 bed apartment with a deposit from £6,100!*
Description
Start your application today! These beautifully presented, one bedroom apartments are perfect for first time buyers or couples.
Choose from a small collection of ground, first, and second floor plots which will feature spacious open-plan living areas leading out to a cosy terrace or balcony, a contemporary three-piece bathroom suite, and a bright, airy double bedroom.
Symphony fitted kitchens will come equipped with an integrated oven, hob, extractor fan, and washer/dryer. Two cupboards in the hallway will provide ample storage space for household essentials.
There’s also parking including access to EV charging. Plus, residents will also have access to a communal bike store.
Please note, priority will be given to local applicants.
*Pricing indicative & subject to change
Key Features
- Available to move into from Spring 2025
- Terrace or balcony to all plots
- Carpets and flooring throughout
- Parking, plus access to EV charging
- Symphony fitted kitchen with integrated appliances
- Pet friendly
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Brochure Price List 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 £305,000, £6,100 Min Deposit. Calculated using a representative rate of 5.03%
