Salamanca Place, London, London, SE1

£125,000

Guide price

1-Bed Apartment in Vauxhall / Lambeth available through Shared Ownership

Available for £125,000 for a 25% Share. Full Market Value (RICS) of £500,000.

Location: 

The property is in close proximity to all local amenities and public transport.

Key Features:

- Nearby River Thames

- 7th Floor

- Balcony

- Bicycle Storage in Building

- 135 years remaining on Lease

- Compliant EWS1 Certificate

- Amazing Views

Local Transport:

- Vauxhall Underground Station (Victoria Line & South Western Railway) - 0.6mi

- Lambeth North Underground Station (Bakerloo Line) - 0.8mi

- Kennington Underground Station (Northern Line) - 0.8mi

- Westminster Underground Station (Circle, District and Jubilee Lines) - 0.9mi

Eligibility:

You can apply for Shared Ownership if:

- you don't currently own a home (or you have found a buyer for your current home)

- your household income is under £90,000

As a guide you will need to have a household income of at least £55,327.

You will need access to savings of at least £4,000 to cover the cost of buying the home.

A minimum 10% deposit of £12,500

Total approximate savings required: £16,500

Monthly Rent (for the remaining 75%) - £620

Monthly Service Charge - £270