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Resale

216 Kennington Road, SE11 6HR

  • Price: 238000 (40% share)
  • Status: Available

METROPOLITAN PRE-OWNED SHARED OWNERSHIP

Available now through Metropolitan’s pre-owned Shared Ownership is this two bedroom spacious apartment in a modern development located in the heart of Kennington. This bright and spacious two bedroom apartment is on the third floor. The apartment boasts an open-plan reception/kitchen with integrated appliances, a private balcony, double bedroom and a three piece bathroom. There is a secure telephone entry system and laminate flooring throughout. The balcony is bathed in sunshine when appropriate. Ideally located within close proximity to Kennington underground station. The Vauxhall/Kennington area is an excellent place to live, with attractive parks, good local shopping, including lots of cafes and restaurants, and very good local transport: – Oxford Circus and Bank are both about 10 minutes by tube. This property provides an excellent property for first time buyers, viewing is a must.

Property Features:

  • Two Bedroom Apartment
  • Private balcony
  • Allocated underground parking space
  • Within congestion zone
  • Total floor area 68sqm
  • Unexpired lease term 113 years

Costings
Metropolitan only offer affordable homes to customers who have applied and been approved for affordable home ownership through Metropolitan www.metsalesapp.org.uk

  • Full valuation price £595,000
  • Share 40%
  • Share price £238,000
  • Rent per month £450.23
  • Service charge per month £186.02
  • Minimum household income £74,986
  • Minimum savings £12,900
  • Approx Monthly Mortgage payments £902.14
  • Total Monthly Payments £1,538.39

***A higher deposit will reduce the income required for this propert

To arrange a viewing for this property please contact the Resales Team on 0203 535 2760, or via email at Homematchinfo@metropolitan.org.uk

To complete your application for your Homebuy agent please Visit www.metsalesapp.org.uk

Applying online is the quickest and easiest way to apply.

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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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Looking? We offer a range of housing options to help first time buyers. We assist social tenants, Ministry of Defence personnel, those considered a housing priority and second steppers.