2 bedroom apartment for sale
Streatham Place, Clapham, SW2 4AQ
Share percentage 30%, full price £450,000, £6,750 Min Deposit.
Share percentage 30%, full price £450,000, £6,750 Min Deposit.
Monthly Cost: £1,400
Rent £469,
Service charge £179,
Mortgage £752*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Clapham, London
Description
This modern and spacious two bedroom is now available in Clapham through Shared Ownership.
The property on the seventh floor comprises of an entrance hall, a living room with a modern open plan kitchen, tow good sized bedrooms (one en-suite), and a bathroom.
Outside, there is a private balcony, allocated parking, and a shared garden area. Perfect for couples and small families.
Available for £135,000 for 30% share based on the marketing figure of £450,000.
Monthly rent - £468.67
Monthly Service Charge - £179.15
Total Monthly Charge - £647.82 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationLiving in Clapham offers a unique blend of urban convenience and community charm. The area is well-connected by public transport, making commuting to central London effortless.
Residents benefit from a variety of local amenities, including shops, restaurants, and parks, which enhance the quality of life. The neighborhood is known for its friendly atmosphere and diverse community, fostering a sense of belonging. Additionally, the presence of good schools and recreational facilities makes it an attractive option for families.
Overall, Streatham Place provides a desirable living environment that balances accessibility with a welcoming community spirit.
EPC ratingEnergy rating band - C
Environmental impact band - C
Years remaining on lease: 112
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 apartment
- En-suite
- Private balcony
- Allocated parking
- Available for 30% 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 30%, full price £450,000, £6,750 Min Deposit. Calculated using a representative rate of 5.03%
