Full Market Value
£595,000
Share Value(25%)
£148,750
Monthly Rent
£557
Service Charge
£331
Minimum Income
£53,342
Shared ownership
Full Market Value : £595,000
Share Value (25%): £148,750
Monthly Rent: £557.38
Service Charge : £331.49
125 year lease commenced March 2017 - 121 years remaining
EWS1 certification is available for this block
This second floor apartment is located on the Elephant Park development at Elephant and Castle, with its rapid growth and vast array of local trendy amenities. Access to Northern and Bakerloo Lines provide easy access into the West End and The City.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £53,342. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at April 2021.