2 bedroom apartment for sale
Flat 3, 18 Thornton Road, SW12 0FG
Share percentage 25%, full price £590,000, £7,375 Min Deposit.
Share percentage 25%, full price £590,000, £7,375 Min Deposit
Monthly Cost: £1,989
Rent £1,007,
Service charge £160,
Mortgage £822*
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
Large two-bedroom home with en-suite master bedroom and private balcony.
Description
A spacious 2-bedroom, 2-bathroom apartment with an en-suite principal bedroom and a private balcony.
Key Features
- Two bathrooms,
- en-suite to main bedroom,
- Siemens kitchen,
- underfloor heating,
- balcony
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: New build - Council tax band to be determined
Map
Material Information
Total rooms: 2
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: No
Outside Space/Garden: No
Year property was built: 2024
Unit size: 796 sqft
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 £590,000, £7,375 Min Deposit. Calculated using a representative rate of 5.03%
Addition by Homes for Lambeth
