Athlone Street

Studio homes in Camden, Camden, NW5 4LJ

Tenure Shared ownership
What is Shared Ownership?
Availability Available

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

One bedroom 6th floor flat in the London Borough of Camden, available to buy through Shared Ownership. Full market value £390,000 65% share available, share price £253,500

Monthly Fees
Monthly Mortgage**: £1347.63
Monthly Rent: £243.45
NHHO Service Charge*: £108.05
Notting Hill Administration Fee: £0
Council Tax: £105

Estimated Total (per month): £1,699.13 excluding council tax

*Service Charge payable to Notting Hill 
**Estimate: The monthly mortgage is based on an interest rate of 4.99 % 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.

 

Ground floor
Entrance lobby

Sixth floor
Entrance hall, bedroom, bathroom, lounge/kitchen

External
No allocated parking space 
Secure cycle storage 
Communal garden areas 
Balcony

GIA
44 sq. as per RICS valuation

Accessibility rating 
F – General Housing

EPC rating
B

Length of lease
115 years

Borough
Camden

Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Athlone Street

Studio homes in Camden, Camden, NW5 4LJ

Tenure Shared ownership
What is Shared Ownership?
Availability Available

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes