4 Bourbon Road, 2 bed homes
Ground Floor, 2 bedroom home in the London borough of Lambeth for £229,500 (45% share price of £510,000), available through Shared Ownership.
*Monthly Mortgage: £1,160.79
Monthly Rent: £561.51
Notting Hill Administration Fee: £13.50
**Service Charge: £175
Council Tax: £115.50
Estimated Total (per month): £1910.90 excluding council tax
*Estimate – The monthly mortgage is based on an interest rate of 4.5% with a capital and interest repayment over 25 years. It is based on a 90% mortgage. The rent may increase each year, the increase calculation will be specified in the lease.
** Estimated service charge payable to external management company.