1 bedroom apartment for sale
Printworks Apartments, 116 Coldharbour Lane, SE5 9PZ
Share percentage 45%, full price £360,000, £16,200 Min Deposit.
Share percentage 45%, full price £360,000, £16,200 Min Deposit.
Monthly Cost: £1,354
Rent £385,
Service charge £151,
Mortgage £818*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of£50,219. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx.£16,200. Total approximate savings required £20,200.
Important borough specific eligibility criteria
Lambeth
All London Applicants will be considered with priority given to Lambeth Residents
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
One-bedroom ground floor apartment in Lambeth available through Shared Ownership 45% at £162,000.
Description
Internal
- Bedroom
- Reception/Kitchen.
- Hallway
- Bathroom
Gross Internal Floor Area
58sqm
Monthly Ground Rent
£16.66
EPC rating
B
Length of lease
106 years remaining
Borough
Lambeth
Particulars
Tenure: Leasehold
Lease Length: 106 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 45%, full price £360,000, £16,200 Min Deposit. Calculated using a representative rate of 4.59%
