Full price: £260,000 The full value of the property
Share value: 25% - £65,000
Estimated monthly cost*: £1,009
Estimated Monthly Mortgage*: £326
SO Resi Monthly Payment: £463.98 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £219.29 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: 113
Eligibility: Live or Work in Local Authority
A two bedroom sixth floor flat located in London available through Shared Ownership Scheme
Available for £65,000 for 25% share based on the marketing figure of £260,000
SO Resi Monthly Payment - £463.98
Monthly Service Charge - £219.29
Total Monthly Charge - £683.27 PLUS MORTGAGE REQUIRED FOR 25% SHARE
The property comprises a two bedroom, sixth floor flat within a 11 storey block containing 85 units. The accommodation comprises as follows: hallway, living/kitchen area, two bedrooms and bathroom.
Energy Rating Band - B
Environmental Impact Band - C
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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