Fairbourne Road, London
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Modern Shared Ownership home
- Private balcony
- Lounge/diner with separate kitchen
- Walking distance to Clapham South underground
- Communal gardens
- Third floor
Description
This superb modern home is available to buy from as little as £173,250 with a 35% share!
Set within a convenient location close to amenities and the London Underground, this third floor apartment benefits from a large private balcony that can be accessed via both the living area and bedroom and has accommodation to include: entrance hall, fitted kitchen, a separate open plan lounge/diner, spacious double bedroom, bathroom and communal gardens. Parking is available via on street permit parking.
The property sits in an excellent location for commute travel for work and overall living. All local amenities are nearby, and there are tube stations at Clapham Common (Northern Line) and Brixton (Victoria Line). You can reach Central London in less than half an hour from the flat. There are also large green areas such as Clapham Common and Brockwell Park. Several schools are also in the area, many of which are within walking distance.
PRICING & AFFORDABILITY
Approximate Size: 55 sq m
Full Market Value: £495,000
35% Share Price: £173,250 (rent £889.97 pcm)
Minimum 5% Mortgage Deposit (35% share): £8,663
Approximate Service Charges: £115.74 pcm*
Shared Ownership Lease: approx. 126 years
Council Tax Band: C
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change.
** This home can also be purchased outright (100% of the value) which is £495,000 and a purchaser would not need to meet the eligibility criteria listed above.
Brochures
Particulars- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Fairbourne Road, London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Clapham South Station0.7 miles
- Clapham Common Station0.8 miles
- Streatham Hill Station0.9 miles
About the agent
SOWN, Nationwide
Crowthorne House, Nine Mile Ride, Wokingham, Berkshire, RG40 3GZ
We believe that shared ownership is the future of getting on the property ladder. And we're here to help you secure the right home for your needs - at your own pace.
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared owner
Notes
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Visit our security centre to find out moreDisclaimer - Property reference SDO240079. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SOWN, Nationwide. Please contact the selling agent or developer 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 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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