1 bed Flat For Sale £208,000
Full Market Value
£520,000
Share Value(40%)
£208,000
Monthly Rent
£406
Service Charge
£313
Minimum Income
£54,662
Shared ownership
Full Market Value: £520,000
Share Value (40%): £208,000
Monthly Rent: £ 405.53
Monthly Service Charge: £ 313.17
Ground Rent: £1 Included in Service Charge
125 year lease commenced in December 2016 (119 years remaining)
EWS1 certification is available for this property - B1 rating
This apartment is well located for access towards the City, the West End and beyond, with transport links at Elephant and Castle tube and rail station which is only a 10 minute walk away and local bus routes. The apartment is also within easy access of London Bridge and Waterloo.
There are various amenities located nearby including bars, cafés and restaurants.
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 £54,662. 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 August 2022.
£520,000
Share Value(40%)
£208,000
Monthly Rent
£406
Service Charge
£313
Minimum Income
£54,662
Shared ownership
Full Market Value: £520,000
Share Value (40%): £208,000
Monthly Rent: £ 405.53
Monthly Service Charge: £ 313.17
Ground Rent: £1 Included in Service Charge
125 year lease commenced in December 2016 (119 years remaining)
EWS1 certification is available for this property - B1 rating
This apartment is well located for access towards the City, the West End and beyond, with transport links at Elephant and Castle tube and rail station which is only a 10 minute walk away and local bus routes. The apartment is also within easy access of London Bridge and Waterloo.
There are various amenities located nearby including bars, cafés and restaurants.
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 £54,662. 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 August 2022.
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