Share Price £156,875 (from 25% Min. Share)

Full Value £627,500 | £15,688 Min. Deposit

Scheme: Shared Ownership

check_circle Available now

L&Q at Elephant Park - 2 bed apartment in Southwark

place Elephant Park, 37 Heygate Street, SE17 1AZ

Budget Calculator
Calculate monthly cost help
date_range Receive up to £7,500 towards buying costs if you reserve by 31st July
Sign in to Register Your Interest mail
favorite_outline Save Property

2 bedroom apartment available at Octavia Apartments for £156,875! Reserve your new home by 31st of July and receive £7,500 towards buying costs on selected homes!


Eligibility

  • These homes will be open to applicants living or working in any London Borough. Initial priority will be given to those living or working in Southwark
  • You are unable to purchase a suitable home to meet your housing needs on the open market
  • You do not already own a home, or you will have sold your current home before you purchase or rent

Description

Reserve your new home by 31st of July and receive £7,500 towards buying costs on selected homes!

2 bedroom apartment available at Octavia Apartments for £156,875!

Octavia Apartments - Apartment 2.04

2 bedroom 2nd-floor apartment offering 64.4 sq.m of internal floor area with outdoor space. Contact a member of our sales team now to view our new show home.

£156,875 for a 25% share of £627,500 and a deposit as low as £15,688 and a minimum income of £56,000


Elephant Park is a new residential development designed around a leafy landscape that boasts central London’s largest new park in 70 years. Over the next ten years, working with Southwark Council, the Elephant will become London’s most exciting new neighbourhood in a £1.5bn transformation, and by 2025, the area will welcome 3,000 new homes. The 9.7-hectare development will allow residents the convenience of a Zone 1 location, while bringing them closer to nature in a vibrant city neighbourhood.

Zone 1 Connections
The Zone 1 location makes it one of the best-connected places in the capital. In addition to two tube lines (Bakerloo and Northern) via the nearby Elephant & Castle Station, it also benefits from proximity to a mainline train station and 28 bus routes. It is a six minute tube journey to the City and 11 minutes to the West End.

Viewings
For those who would like to and are able to visit us, the Show Home is now open on an appointment-only basis, with extra measures in place to ensure your wellbeing. Please call us to book your appointment. If you would prefer to speak to our Sales Team from your own home, they are still on hand and can conduct appointments via phone, email and by virtual tour. *We are taking extra precautions to ensure the health and wellbeing of our customers, staff and members of the public.


Key Features

  • Shared ownership available
  • Situated in Elephant & Castle, Southwark Zone 1 London
  • A short walk to Elephant and Castle Train and Underground station
  • From the City to Canary Wharf you can reach all of London’s major destinations inside 20 mins
  • Centred around a 2 acre new park – the largest new green space in central London for 70 years

Download Documents

Link to the floor plan Property brochure 1 Property brochure 2 Property price list

Budget Calculator
arrow_backwards Back to L&Q at Elephant Park - 2 bed apartment in Southwark

Calculate Monthly Cost

Share price
£ 156,875
Min. £156,875
Share percentage
Min. 25%
Your deposit
Min. £15,688
Monthly cost*
£1,709
Cost breakdown
£765
Rent
£253
Service charge
£691
Mortgage*
Calculated using a representative rate of 3.29%
help

Sign in to Register Your Interest mail
favorite_outline Save Property

Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.