Rosewood House, London - 50% share (£257,500)

Available

Property details

This spacious flat on the fourth floor of a purpose built in Vauxhall comprises hallway, open plan kitchen/living area, two bedrooms and separate shower-room.

The property also benefits from allocated secure parking space. The property is located in close proximity to local amenities and transport links.

Minimum Income - £79,252

- Income requirement reduces if a higher deposit's available

- You can buy more shares for minimum of 10%.

 

 

Key Features

  • Two bedroom fourth floor flat
  • Good condition
  • Double glazed
  • One allocated parking space
  • Heating by gas fired system
  • Close to local amenities in Vauxhall Grove

Full Description

A two bedroom fourth floor flat located in Vauxhall available through Shared Ownership Scheme.Available for £257,500 for 50% share based on the marketing figure of £515,000.

SO Resi Monthly Payment - £328.09
Monthly Service Charge - £144.92
Total Monthly Charge - £473.01 PLUS MORTGAGE REQUIRED FOR 50% SHARE

The property comprises a two bedroom, purpose built fourth floor flat.The accommodation comprises hallway, spacious living room/kitchen area, two bedrooms and a shower-room. The property benefits form a secured underground parking space.

The remaining lease term is 75 years. The Valuation is reflective of the lower term. You will have the option of extending the lease, Metropolitan Thames Valley does not impose a minimum time that you must own the property before you can apply to extend the lease.

You can even extend the lease at the same time that you purchase the property. You should discuss the lease term with your financial advisor / mortgage broker and your solicitor.

EPC Rating

Energy Rating Band - D
Environmental Impact Band - D

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.

Other information

Years on lease: 75

Location

The flat is located close to local amenities; near to primary and secondary schools as well as parks and community gardens, local gyms and a local Sainsbury supermarket and Argos only within 10 mins walking distance.

  • Underground Close to Stockwell station
  • Car Close to A3 motorway
  • Rail Close to Battersea Park station

Prices and monthly costs

Share price:

50% share (full price £515,000)

Estimated monthly cost:£1,763*

Monthly cost breakdown

Mortgage payment:£1,290

SO Resi Monthly Payment:£328

Monthly Service Charge:£145

* 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.

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