Full Market Value
£420,000
Share Value(30%)
£126,000
Monthly Rent
£581
Service Charge
£133
Minimum Income
£44,192
Shared ownership
Full market value – £420,000
You pay (30%) - £126,000
Monthly rent – £581.16
Service charge - £tbc
Ground rent payable - £100.00
125 year lease commenced in April 2012 (116 years remaining)
Please note that at the current time, EWS1 certification is not available for this property. More information can be found on the lq Group website by searching “EWS1”
The apartment is situated close to Southwark Park and is approximately half a mile from Surrey Quays Shopping Centre and overground station and half a mile from Canada Water Jubilee line station, giving easy access to both Canary Wharf and the West End. Closer, South Bermondsey stations is a short walk away.
The A2 enables access travelling West to Bermondsey and Tower Bridge and South to Deptford and Greenwich and the Rotherhithe tunnel going North under the River Thames to Limehouse.
You 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 £44,192. 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. Please visit our website to register and obtain your unique registration 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 of April 2021.