1 bedroom apartment for sale
Sarawak Court, 47 Consort Road, SE15 3SS
Share percentage 30%, full price £330,000, £9,900 Min Deposit.
Share percentage 30%, full price £330,000, £9,900 Min Deposit.
Monthly Cost: £1,365
Rent £648,
Service charge £217,
Mortgage £500*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £44,927. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £9,900. Total approximate savings required £13,900.
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
One bedroom, fifth floor apartment in Southwark available through Shared Ownership 30% share at £99,000. Full market price £330,000.
Description
Ground Floor
Entryphone system to communal hallway
Passenger lift and stairwell.
Fifth Floor
Entrance hallway
Lounge/kitchen
Bedroom 1
Bathroom/WC
External
Balcony
GIA
48sqm
EPC rating
C
Length of lease
106 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: 106 years
Council Tax Band: Not specified
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 30%, full price £330,000, £9,900 Min Deposit. Calculated using a representative rate of 4.59%
