Yates Court, 19 Stockwell Road, Stockwell, Lambeth, London, SW9 9AU

Available through shared ownership resale, a spacious and well-presented second floor, two-bedroom apartment situated in a modern new development in Stockwell, South West London.

Property description:

The property comprises of a bright communal entrance with phone entry system, bright open plan living/dining room area, modern fitted kitchen with inbuilt oven & hob with extra bridging top kitchen cabinets, two large double bedrooms, family bathroom with shower over bath, bathroom storage with three mirrored cabinets, extra storage with hallway cupboard, large L-shaped hallway/corridor giving a spacious feel, new LVT flooring in hallway and the living room, carpet and luxury vinyl tile throughout.

 

Length of Lease: Approx. 116 Years

Council Tax Band: Lambeth Council – D

Gross Internal Area: 68m2

 

LOCAL AREA INFORMATION

  • Popular & Convenient area of Stockwell in South West London. 
  • Offers exceptional value in a zone 2 location with fast connections to City and the West End. The Victoria line, Northern line, Overground and National Rail are within a five-minute walk and less than one minute from Stockwell underground station.  10 minutes from Oxford Circus, 20 minutes to Bank, 7 minutes to Waterloo.
  • The building is also situated on the CS7 cycle superhighway, the 50, 88, 155 bus routes and benefits from two Santander cycle stands just metres away. 
  • Within walking distance of local shops & amenities.  Just a few minutes’ walk away, Clapham North offers a buzzing array of independent cafés, bars and restaurants, as well as boutique shops and gyms.
  • Continue a little further on to Clapham Common for even more choice or hop one stop on the tube from Stockwell to Brixton and explore the culinary delights and nightlife at renowned Brixton Market.
  • With a choice of enticing eateries on the doorstep, you’ll be glad to know there are also plenty of leisure amenities in the area.  Along with multiple gyms and fitness studios within a 5-minute walk as well as the expansive greenery of Clapham Common.

 

FINANCIAL INFORMATION

Property Value = £510,000

Percentage Share = 40%

Share Price = £204,000

Monthly Rent = £412.18

Monthly Service Charge = £104.03

Monthly Mortgage Payment = £1,021 **

Annual Household Income = £58,000 *

 

*Is based on a 10% mortgage deposit.  If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced (approximately every 5% extra deposit reduces the salary required by £1,200).

 

** Based on a 90%, 25-year repayment mortgage with an interest rate at 4.5%

Your home may be at risk if you do not keep up your mortgage and rent repayments.  Particulars give a fair overall description of the property and are not intended to constitute an offer or form part of any contract.  Areas, distances or measurements referred to are approximate.  For confirmation of property details refer to the terms of the lease and plans from your solicitor.  Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder.  Please note that the Resales Team have not visited this property.

Contact us now to arrange a viewing:

Call 0345 606 1221 or email info@hydenewhomes.co.uk.  Please ensure you are registered and approved for shared ownership by completing our application at so.hydeform.co.uk/index.

 

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