1 bed Flat For Sale £292,000
Varcoe Road, Bermondsey, SE16

A contemporary and very well decorated throughout one bedroom apartment in ever so popular Bermondsey. The property features an airy and naturally bright south facing open plan living area complimented by a Juliet balcony, a contemporary kitchen with integrated dishwasher, a very well proportioned bedroom, and a stylish bathroom with walk-in shower. Onsite benefits includes two roof terraces enjoying stunning London views, double height co-working space plus Sun Room, and secure bike parking.
Moments from their front doors, residents can enjoy a plethora of local amenities including independent cafes and breweries, plus shops and supermarkets within walking distance.

Leasehold
Service Charge: £1957.00
Ground Rent: £350.00
Years on the Lease: 120
Council Tax Band: C

The home is currently (for the first 3 months of marketing) only available to applicants who meets the following requirements:
. Live and/or Work in the London borough of Southwark.
. Household income below £90,000 per year
. Currently do not own any property

This is part of a development designed for anyone that currently does not own a home earns below the income cap and borough restricted and prioritised. They are compact homes offered below the value of a typical one-bedroom apartment in the area to help first time buyers onto the property ladder.

After the April the 30th 2024 the property can be purchased by any buyer who lives in London, earns less than £90k per annum, and does not own a property at the time of the purchase. From 31st July 2024, the property can be purchased by anyone without salaries and location restrictions.