£135,000
1 bed flat for saleReservoir Court, Lambeth, United Kingdom SW2
1 bed
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
One bed apartment
Modern kitchen
Private balcony
Excellent travel links
Available for 30% share
5% minimum deposit only
This bright, modern one-bedroom apartment is now available in Clapham, South-West London, through Shared Ownership.
The property on the second floor comprises an entrance hall with storage, a spacious living room with a modern open-plan kitchen, one double bedroom, and a bathroom.
Outside, there is a private balcony and communal shared areas. Perfect for couples and singles.
Available for £135,000 for 30% share based on the marketing figure of £450,000.
Monthly rent - £860.51
Monthly Service Charge - £111.67
Total Monthly Charge - £972.18 plus mortgage required for 30% share.
An annual rent increase takes place every April
Location
Several train and bus stations are all close by, for easiness of travel to the Central area of the city or farther out. Central London can be reached in about 30 minutes. Brixton is a 5-minute drive or circa 15 minutes by bus.
Restaurants and pubs are all within walking distance, as well as parks such as Brockwell Park, Clapham Common and Tooting Common.
There are also several schools in the area for all levels, many of which are within walking distance.
Being in a residential area, this apartment gives both the advantages of the big city as well as the tranquillity of the suburbs.
EPC rating
Energy rating band - B
Environmental impact band - A
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.
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More information
Tenure
Leasehold (120 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review