2 bedroom apartment for sale
Southampton Way, SE5 7EW
Share percentage 25%, full price £380,000, £4,750 Min Deposit.
Share percentage 25%, full price £380,000, £4,750 Min Deposit
Monthly Cost: £1,212
Rent £481,
Service charge £202,
Mortgage £529*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You have a gross household income of no more than £90,000 inner London/£80,000 outer London per annum when eligible to purchase - this will include all members of the household whether they have joined the application or not. An exception would be the income of children under 18 and any other household members whose residence in the home is unlikely to be permanent.
You are unable to purchase a suitable home to meet your housing needs on the open market.
Be a first time buyer, if you are indeed a current home owner we can consider your application if your property is under offer and is going through the legal conveyancing process, evidence of this will need to be provided.
Summary
Southern Housing are delighted to offer for sale this well-presented two bedroom flat located on the first floor
Description
EPC rating - C
Council tax band - C
Lease – 122 years from commencement date 01-01-1991 (87 years unexpired)
Full market value - £380,000
25% share available at £95,000
Current rent PCM - £480.83
Current service charge PCM - £201.68
Key Information:
A great sized living room that benefits from plenty of natural light, great for that ideal living.
Has a good sized kitchen with plenty of cupboard space for your everyday storage and utensils, benefits from an oven and sink, also has spce for your dishwahser and washing machine.
The property benefits from wooden flooring throughout.
Two good sized bedrooms.
Bathroom is of a standard size, has a toilet, sink, bath and a over the head shower.
Approximate flor area of 69sm
Key Features
Location:
A conversion flat located in a mixed commerical and residential area.
Camberwell is a thriving neighbourhood.
The flat is located on the doorstep of Burgess Park, Brunswick Park and a short walk or bus ride from Walworth Road and Peckham.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £380,000, £4,750 Min Deposit. Calculated using a representative rate of 5.03%
