1 Bedroom Apartment, Ambergate, Trinity Rise, London, SW2 2QP | Metropolitan Sales
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Resale

1 Bedroom Apartment, Ambergate, Trinity Rise, London, SW2 2QP

  • Price: 145,000 (50% share)
  • Status: Available

The properties benefits from good natural light and has a modern style newly fitted kitchen and bathroom. The property benefits from new carpeting throughout the lounge and bedroom. Gas central heating and double glazing provide a cosy internal atmosphere. The development is located on Trinity Avenue within proximity to Herne Hill parade and the scenic Brockwell Park. All local facilities and amenities are within easy walking distance including local shops only a 2 minute walk away.

This property would be a great purchase for the first time buyer and provide a great platform to get on the property ladder in an established area.

The remaining lease term is 76 years. The price is reflective of the lower term. You will have the option of extending the lease, Metropolitan 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.

The estimated cost is approximately £30,000 to extend the lease by 90 years.

Costings
MTVH only offer affordable homes to customers who have applied and been approved for affordable home ownership by completing the shared ownership application form.

    • Full valuation price                                          £ 290,000
    • Share                                                                    50%
    • Share price                                                          £ 145,000
    • Rent per month                                                £ 205.09
    • Service charge per month                             £ 45.80
    • Minimum household income                      £ 44,044
    • Minimum savings                                             £ 8,250
    • Approx Monthly Mortgage payments     £ 549.62
  • Total Monthly Payments                              £ 800.51

 

Local information

Bus Stop – 2 minutes away

Tubes/Trains:

Tulse Hill Station – 0.6 miles

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Buying options

Buy a share in a brand new or resale home from Metropolitan. You pay a mortgage on the part you own and a subsidised rent on the part you don’t own. Learn more about your buying options here.

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