1 bedroom apartment for sale
Corio House, 12 The Grange, SE1 3GU
Share percentage 30%, full price £525,000, £15,750 Min Deposit.
Share percentage 30%, full price £525,000, £15,750 Min Deposit.
Monthly Cost: £1,867
Rent £623,
Service charge £445,
Mortgage £799*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Spacious ground floor, modern one bedroom home in Bermondsey
Description
SHARED OWNERSHIP
- 30% share: £157,500
- Monthly rent: £570
- Monthly service charge*: £378
- Lease Term: 116 Years
- Council tax Band: D
- EPC rating: B
- £525,000 (Full market value)
This spacious ground floor, modern one bedroom home in Bermondsey, Southwark is located in a very sought after development and benefits from great transport links to the city of London via Tower Bridge or the Elephant and Castle. Only a short walk from London Bridge Station and Bermondsey Underground Station (Jubilee Line).
The fashionable and vibrant Bermondsey Street is within easy reach with its eclectic range of boutiques, gastro pubs, bars and restaurants and Maltby Street food market is a stones throw away.
The property is close to a range of parks and green spaces such as Bermondsey Spa Gardens, Tanner Street Park which includes tennis courts, Burgess Park and Southwark Park.
The open plan living area and bedroom are large and spacious and feature floor to ceiling windows with access to the full-width ground floor terrace.
The home benefits from a spacious and modern tiled bathroom and full wall mirror.
There is ample built-in storage space in the bedroom and a walk-in storage/utility room in the hallway.
The fitted Electric Oven and Hob, Fridge-Freezer, Dishwasher and stand alone Washer Dryer are included in the sale.
The home is very well insulated and easily keeps heat in with very low noise heard from neighbouring apartments. Serviced with an energy efficient HIU Heating System, there is both a mini boiler in the home and a large communal heating system, allowing less CO2 emissions, energy efficiency and instant hot water.
The large windows open fully to allow good airflow and a 24-hour filtration system throughout reduces moisture and removes airborne allergens.
This secure development benefits from a large Communal Courtyard exclusive to the residents, a 24-hour Concierge and is Pet Friendly. (No pets from previous owner).
The home has no parking space included in the sale. Visitor residential permits can be purchased from the local authority for parking bays outside Corio House.
Homeowner experience:
Corio House has been a wonderful first home for us. The development and area is a cool and calm, happy place to be. We loved being on the ground floor as we could enjoy perks such as having a Jacuzzi on our terrace and easy access from the back entrance. We need to up-size which is the only reason for the sale. Transport links are excellent and supermarkets and shops are all within convenient walking distance. The development is a true gem in a central and peaceful area, with friendly people and lots to explore locally.
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: D
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 30%, full price £525,000, £15,750 Min Deposit. Calculated using a representative rate of 4.64%