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For Sale
Badge shared ownership
£146,250 (Price)
Full Market Value: £585,000

South Place, Kingswood Court, Surbiton, KT5 8FE

Type T, South Place, Kingswood Court, Kingston upon Thames, KT5 8FE

Shared Ownership Apartment

Bedrooms: 3
Furnished: No
Reception rooms: 1
New Build: Yes
Bathrooms: 2
Area: 1044 sqft
Description
South Place is a collection of one, two & three-bedroom, Shared Ownership apartments located in Surbiton available to reserve now.

There are 8 three-bedroom apartments at South Place and only 1 of this layout:

Plot 3.C.05 is located on the third floor, is 97m2/1,044ft2 and compromises of open-plan living, 3 great sized bedrooms, the main bathroom, en-suite, and two private terraces: the first coming off of the living/dining area and the second from the master bedroom. 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: £585,000
Share price from 25%: £146,000
Rent*: £1,005 per month
Estimated Service Charge: £204 per month
*Calculated at 2.75% per annum of the value of the share that you do not initially buy.

Eligibility:

Priority will go to those currently living and/or working in the Royal Borough of Kingston upon Thames.
Shares available:

- 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%
Shared Ownership
*The affordability calculators give you an indication of affordability only. Your initial affordability assessment will need to be completed by an Independent Financial Advisor (IFA).
Register your interest

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