1 bedroom apartment for sale

Available

Leigh Court, 1 Sam King Walk, SE5 7FP

£164,000 · Shared Ownership Resale

Share percentage 40%, full price £410,000, £16,400 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Viewing now - call 02038150060 now to book. 
£164,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £410,000, £16,400 Min Deposit.

Monthly Cost: £1,688
Rent £674, Service charge £182, Mortgage £832*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility

You will need to be earning a guidance income of £61,517. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £16,400. Total approximate savings required £20,400.

Important borough specific eligibility criteria

Southwark
All London applicants will be considered with priority given to people who live/work in the borough.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

Summary

1 bedroom home in Southwark available through Shared Ownership - 40% share at £164,000

Description

BRIEF OVERVIEW

Ground floor, large 1 bedroom home in the London borough of Southwark.

Leigh Court is situated within a mixed neighbourhood predominantly of new flats but with some older style accommodation. Brunswick Primary School is situated to the South East. There is open space at Burgess Park to the end of the road to the North with Camberwell Green shopping area about half a mile to the South. Being an urban area there are numerous bus routes giving access to central London and all neighbouring areas. The property is situated in the Borough of Southwark. The property is believed to have been constructed completing in 2015.

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SPECIFICATION

Internally:

  • Spacious 1 bedroom flat
  • Entrance hall with storage
  • Bathroom with WC
  • Double bedroom
  • Open plan living room/kitchen

Externally:

  • Private terrace
  • Gated secure communal gardens

GIA
64 sqm

EPC rating
B

Length of lease
94 Years Remaining

Pets allowed
No

Monthly Fees

Monthly Rent: £674.41

Service Charge: £182.36

Monthly Ground Rent: £20.83

Key Features

Key Features

  • Private terrace
  • Secure Video Door Entry
  • Zipcar rental onsite
  • Burgess park nearby

Local Transport

  • Denmark Hill Overground Station – 1.0m
  • Oval Underground Station – 1.2m
  • Elephant & Castle Station – 1.3m
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Map
Denmark Hill (0.77 miles) Kennington (0.96 miles) Peckham Rye (1.05 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£164,000
Shared Ownership Resale
Estimated Monthly Cost:£1,688
Rent £674
Service Charge £182
Mortgage £832

Share percentage 40%, full price £410,000, £16,400 Min Deposit. Calculated using a representative rate of 4.64%


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.