2 bedroom apartment for sale
William Court, 351 Green Lane, Streatham, SW16 3AN
Share percentage 45%, full price £350,000, £15,750 Min Deposit.
Share percentage 45%, full price £350,000, £15,750 Min Deposit.
Monthly Cost: £1,455
Rent £532,
Service charge £128,
Mortgage £795*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £52,842. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,750. Total approximate savings required £19,750.
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.
Summary
Two bedroom, first floor apartment in Lambeth available through shared ownership 45% £157,500 with Full Market Value £350,000.
Description
First Floor
Entrance hallway with storage,
Open plan kitchen/sitting room
Bathroom
Two bedrooms
External
Private Balcony
Communal Grounds
GIA
63 sq.m
EPC rating
B
Length of lease
110 Years
Borough
Lambeth
Key Features
William court is within walking distance to Norbury station providing links into the city in under 30 minutes. Local shops and restaurants and other amenities are close by.
The following transport links are nearby: - Norbury Station (0.3 miles) Streatham
Common Station (0.6 miles) Streatham Station (0.8 miles)
Particulars
Tenure: Leasehold
Lease Length: 110 years
Council Tax Band: C
Map
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 £350,000, £15,750 Min Deposit. Calculated using a representative rate of 4.59%
