2 bed flat for sale

Bradley Road, London SW4

Shared Ownership

Set on the top floor, this immaculate two-bedroom Clapham apartment features a bright open-plan living area, a modern integrated kitchen, and a full-length private balcony with unobstructed views. Both double bedrooms offer built-in wardrobes, private balcony access, and dedicated bathroom suites (one en-suite). Positioned on a quiet residential street, it sits within easy reach of Abbeville Road, Clapham Common, and Clapham South Underground (0.9 miles).
Pricing & affordability


Full Market Value: £625,000

50% Share Price: £312,500 (rent £861.54)

Minimum 5% Mortgage Deposit (50% share): £15,625

Approximate Service Charges: £133.40 pcm*

Shared Ownership Lease: Approx. 123 years

Council Tax Band: D
Eligibility


Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

You can apply to buy the home if both of the following apply:

- Your household income is £90,000 or less

- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

- you're a first-time buyer

- you used to own a home but cannot afford to buy one now

- you're forming a new household - for example, after a relationship breakdown

- you're an existing shared owner, and you want to move

- you own a home and want to move but cannot afford a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

** This home can also be purchased outright (100% of the value) which is £625,000 and a purchaser would not need to meet the eligibility criteria listed above.

Quote Reference: 770127