The financial details of the Shared Ownership Flat are:
Full market Value: £640,000 (100% Ownership)
Share Value: £256,000 (40% share). This 40% is the minimum share buys can purchase.
So is it possible to advertise 2 buying options:
Option 1-Buy 100% (Full Market Value £640,000)
Option 2- Buy 40% minimum share (Share Value £256,000)
Full Property Description
Location/Area:
Bermondsey is a very historic part of London and developed a reputation for sleek warehouse apartments, exceptional restaurants and cool cultural museums. Bermondsey Street is a foodie paradise, packed full of independent restaurants, bakeries and delicatessens, while world-famous gourmet markets Borough Market and Maltby Street Market are a short walk away.
The Flat has been recently awarded with a EWS1 Fire Safety Certificate and is in a building part of the highly sought development -The Exchange Development - 2 minutes’ walk from famous Bermondsey Spa Gardens and very close to absolutely all amenities.
Second Floor, 2 Bedroom, 2 Bathroom, 2 Balconies, Kitchen and Living Room in Whitmore building, 3 Arts Lane, London, SE16 3GB
Flat Specification:
• Communal
Daytime Concierge, Dedicated Cycle Storage, Communal Garden, Schindler Lift serving all floors, Entrance Foyer and carpet to all hallways and stairs, White oak veneer apartment entrance door with PAS24 Locking Mechanism
• General
Walls finished in white matt emulsion with white satin painted architrave and skirting boards, Internal doors finished in oak veneer with satin chrome finish ironmongery, Double glazed composite aluminium framed windows and external doors, Two Balconies (East and West facing) with timer decking, Minimum floor to ceiling height of 2.4m in habitable rooms
• Security
Video door entry intercom with direct link to Concierge, Fob operated communal entrance door, Mains operated smoke and heat detectors with battery back-up, CCTV security to all communal entrances, 2 high security main flat door chains
• Electrical
LED downlighters in satin chrome finish, thermostatically controlled Underfloor Heating, Whole flat ventilation and heat recovery system
• Bedrooms
Built in wardrobe to master bedroom, 80% wool mix carpets with underlay, Power sockets and lighting sockets finished in satin chrome
• Kitchen
European kitchens with acrylic doors, Staron solid surface worktop, glass smoked mirrored splashback and contemporary stainless steel effect plinths, AEG appliances to include integrated oven, ceramic hob, fridge freezer and dishwasher, AEG Washer Dryer located in the hall cupboard, 1.5 bowl undermounted stainless steel sink with Hansgrohe tap, Integrated LED strip feature lighting to underside of wall units
• Main Bathroom
Villeroy and Bosh sanitaryware with Hansgrohe taps (kaldewei bath), Wall mounted Hansgrohe shower and glass bath screen, Vanity unit with Staron solid surface worktop with full width mirror fronted cabinet above and feature LED strip lighting, Shaver socket located inside cabinet, Ceramic wall tiling to wet areas and above vanity unit with contrasting floor tiling, Electric Heated towel rail in chrome finish
• En-Suite Bathroom
Villeroy and Bosh sanitaryware with Hansgrohe taps (kermi shower tray), Wall mounted Hansgrohe shower, Ceramic wall tiling to wet areas with contrasting floor tiling, Electric Heated towel rail in chrome finish, Shaver socket
• Living Area
Boen oak flooring, Power sockets and light switches finished in satin chrome, Telephone and Data outlet sockets
Flat and Surrounding Environment:
• EWS1 Fire Safety Certificate
• Energy Efficiency Rating (Lower Running costs): B (86)
• Environmentally friendly (lower CO2 emissions): A (94)
• Sustainable Homes: Code 4 out of 6
• Road Traffic: Quite streets and Low Road traffic
• Noise Levels: Low
• Current Pollution Levels: Moderate (Scale: Low, Moderate, High and Very High)
• Flood Risk: Low
Nearest Railway Stations:
• London Bridge: 0.8 miles (1.2km)
• Wapping: 0.9 miles (1.4km)
• Canada Water, Rotherhithe and South Bermondsey: 1 mile (1.6km)
Nearest Tube Stations:
• Bermondsey Tube Station (Jubilee Line): 810 yards (0.7km)
• Borough Tube Station (Northern Line): 0.9 miles (1.4km)
• London Bridge Tube Station (Jubilee and Northern Line): 0.9 miles (1.4km)
Bus Connections:
• Day Routes: 1,42,47,78,188, C10 and P12
• Night Routes: N1, N47, N199 and N381
Nearest Cycling Routes:
• Cycle Superhighway 4
• National Cycle route 4
• National Cycle route 425
Primary Schools:
• Ofsted Outstanding: 4 schools less than 0.5 miles (0.8km) away
• Ofsted Good: 6 schools less than 0.7 miles (1.1km) away
Secondary Schools:
• Ofsted Outstanding: 3 schools less than 0.5 miles (0.8km) away
• Ofsted Good: 4 schools less than 0.8 miles (1.2km) away
Nearest Surgeries/GPs/Dentists/Opticians:
• 30 closest less than 0.8 miles (1.2km) away
Nearest Hospitals:
• Guys Hospital: 0.7 miles (1.1km) away
• London Bridge Hospital: 0.9 miles (1.4km) away
• St Tomas Hospital: 1.9 miles (3km) away
Places of Interest:
• Malty Street Market
• Bermondsey Antiques market
• Fashion and textile museum
• Shad Thames
• Bermondsey Spa gardens
• Tibetan Buddhist Centre
• hms Belfast
• Tower Bridge
• Tower of London
• London city hall
• Southbank