1 bedroom apartment for sale
Thornton Road, SW12 0FG
Share percentage 25%, full price £480,000, £6,000 Min Deposit.
Share percentage 25%, full price £480,000, £6,000 Min Deposit
Monthly Cost: £1,606
Rent £828,
Service charge £110,
Mortgage £668*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible to purchase a shared ownership home at Thornton House if:
Your gross household income is £90,000 or less per year.
You are unable to buy a suitable home on the open market to meet your housing needs.
You do not currently own a home or will have sold your existing property before purchasing.
Priority will be given to Lambeth residents until May 2025.
Summary
Stunning one-bedroom apartment with spacious interior
Description
Modern Shared Ownership Homes at Thornton House
Thornton House is a stunning new development in the heart of Balham, offering a limited selection of 1 and 2-bedroom apartments available through shared ownership. These modern homes feature Siemens kitchens, underfloor heating, and private balconies, designed for contemporary city living.
With Balham Station (Northern Line & National Rail) just minutes away, residents enjoy quick connections to Clapham Junction, Victoria, and the City, while Tooting Common and Wandsworth Common provide green space nearby.
This is a rare opportunity to secure a shared ownership home in this sought-after location—register your interest today!
Key Features
- Contemporary designed kitchens
- Integrated high quality appliances
- Underfloor heating
- Built in wardrobe to bedroom
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: New build - Council tax band to be determined
Map
Material Information
Total rooms: 1
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: No
Outside Space/Garden: No
Year property was built: 2024
Unit size: 50sqm
Communal lift: Yes
Accessible measures: No
Flooded within the last 5 years: No
Listed property: No
Heating: Under Floor
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTP (Fiber to the premises)
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 25%, full price £480,000, £6,000 Min Deposit. Calculated using a representative rate of 5.03%
Addition by Homes for Lambeth
