Full price: £270,000 The full value of the property
Share value: 75% - £202,500
Estimated monthly cost*: £1,223
Estimated Monthly Mortgage*: £1,014
SO Resi Monthly Payment: £119.93 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £88.67 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 114
This well-presented flat in Wallington in available now for sale through the Shared Ownership Scheme. The property comprises two spacious bedroom, open plan reception room with fitted kitchen, bathroom with WC and ample storage space throughout. Externally the property benefits from allocated parking space and well-kept communal grounds with bike stores.
A two bedroom first floor apartment located in Wallington available through the Shared Ownership Scheme.
Available for £202,500 for 75% share based on the marketing figure of £270,000.
SO Resi Monthly Payment - £115.66
Monthly Service Charge - £88.67
Total Monthly Charge - £204.33 PLUS MORTGAGE REQUIRED FOR % SHARE
Minimum income requirement - £59,757
London properties - Incomes required are based on the following assumptions: Deposit 5%, mortgage interest rate 2.99% & mortgage term 25 years. Income required will be reduced if you have a higher deposit available.
Buy more shares for a minimum of 10%
Communal entrance lobby with staircase
Private entrance hall with fitted storage and airing cupboards.
Open plan Kitchen/Reception room
4.39 x 1.90
Plus fitted cupboards
3.07 x 3.47
3.09 x 3.66
Bathroom with WC
Communal grounds and areas
Bin and bike stores
Allocated parking space
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
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