South Place, Kingswood Court, Surbiton, KT5 8FE
Type L, South Place, Kingswood Court, Kingston upon Thames, KT5 8FE
Shared Ownership Apartment
There are 13 two-bedroom apartments at South Place and only 1 of this layout:
Plot 3.B.02 is located on the third floor, is 66m2/710ft2 and comprises open-plan living, 2 great sized bedrooms, a bathroom, ample storage, and 2 private terraces - off of bedroom 1 and the living area. This property is available with 1 allocated parking space at an additional cost of £15,000 included in the full market value.
Full Market Value: £487,500
Share price from 35%: £170,625
Rent*: £726 per month
Estimated Service Charge: £156 per month
*Calculated at 2.75% per annum of the value of the share that you do not initially buy.
Priority will go to those currently living and/or working in the Royal Borough of Kingston upon Thames.
- 1 bedroom: from 40%
- 2 bedroom: from 35%
- 3 bedroom: from 25%
* Interior images used from one of our previous show homes. South Place show home coming soon.
Eligibility for Shared Ownership
In order to be eligible to purchase a Shared Ownership house or apartment, there are several general criteria you must meet:
You must be at least 18 years’ old with a clean credit history
Your annual household income must be less than £90,000 in London, or £80,000 outside of London
You’re a first-time buyer, a previous homeowner that cannot afford to buy one now, or an existing shared homeowner
You must not be in mortgage or rent arrears, demonstrate a good credit history and be in a position to afford the regular payments
Find out what you can afford
Unsure of how much you can afford to borrow towards the purchase of a home? Use our Affordability Calculator below to receive an assessment* of how much you’re likely to be able to borrow based on your income.
*Help to Buy: Equity Loan
- London Boroughs: 40%
- Outside of London: 20%