Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Cowley Road


Lambeth, Lambeth, SW9 6BN

Shared ownership
Studio bedroom homes
Share price
Coming soon
Full price
Coming soon

Overview

Two bedroom first floor flat, in the London Borough of Lambeth, available to buy through Shared Ownership. Full market value £499,950. 40% share available, share price £199,980.

Monthly fees
Monthly Mortgage*: £1,063.11
Monthly Rent: £631.68
Other Housing Service Charge**: £142.90
Notting Hill Service Charge: £13.50
Council Tax: £109.17

Estimated Total (per month): £1,851.19

*Estimate 
** Service Charge payable to Pinnacle 
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
Communal entrance hall with stairway and lift to upper floors

First floor
Entrance hall with large storage/utility cupboard off; living room/kitchen; two bedrooms; bathroom/W.C.

External
Balcony

GIA
69.6 square metres (749 sqft ) as per RICS valuation

Accessibility rating 
F – General needs

EPC rating
B

Length of lease
96 years

Borough
Lambeth

 

Key Features

  • Balcony

Housing Provider

Notting Hill Genesis
Shared ownership
Studio bedroom homes
Share price
Coming soon
Full price
Coming soon