A new pathway home with Share to Buy
|

1 bedroom apartment for sale

Available

Roupell Road, Lambeth, SW2 3EP

£140,000 · Shared Ownership Resale

Share percentage 40%, full price £350,000, £7,000 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£140,000 Shared Ownership Resale

Share percentage 40%, full price £350,000, £7,000 Min Deposit

Monthly Cost: £1,415
Rent £442, Service charge £212, Mortgage £761*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Summary

A 1 bed shared ownership property available in Lambeth, London

Description

This bright, vibrant, well-decorated one-bedroom apartment is now in South West London through Shared Ownership.

The property on the ground floor comprises an entrance hall, a spacious living room with a modern open-plan kitchen, a utility cupboard, one double bedroom, and a bathroom.

Outside, there is a private patio garden. Perfect for couples and singles.

Available for £140,000 for 40% share based on the marketing figure of £350,000.

Monthly rent - £441.79
Monthly Service Charge - £212.33
Total Monthly Charge - £654.12 plus mortgage required for 40% share.

An annual rent increase takes place every April

Location

Living in Streatham is a pleasant experience. This area in South London has a mix of quiet streets and busy shops. Families can enjoy friendly parks where children can play and people can take walks. The community feels warm and welcoming.

There are several nice cafes and restaurants where you can grab a coffee or a tasty meal. Public transport is easy to use, making it simple to travel to other parts of London. The local schools are good, a plus for families with kids. On weekends, many people like to visit the nearby markets or join in local events.

Overall, living in Streatham offers the best of both worlds—peaceful living with the excitement of city life just a short ride away. It’s a great place to call home for anyone looking for comfort and community.

Lease information

Years remaining on lease: 170

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.

Other information

This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.

Key Features
  • One bedroom apartment
  • Private patio garden
  • Amenities nearby
  • Excellent travel links
  • Available for 40% share
  • 5% minimum deposit
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Streatham Hill (0.57 miles) Tulse Hill (0.63 miles) Herne Hill (0.95 miles)
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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

Read More Read Less
  • 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.

£140,000
Shared Ownership Resale
Estimated Monthly Cost:£1,415
Rent £442
Service Charge £212
Mortgage £761

Share percentage 40%, full price £350,000, £7,000 Min Deposit. Calculated using a representative rate of 4.78%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.