2 bedroom house for sale
Excalibur - Plot 3, SE6 1RN
Share percentage 25%, full price £465,000, £11,625 Min Deposit.
Share percentage 25%, full price £465,000, £11,625 Min Deposit.
Monthly Cost: £1,399
Rent £799,
Mortgage £600*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
Coming soon - 1 & 2 bedroom Shared Ownership apartments and 2 bedroom houses - Register your interest today to be informed of our launch.
Description
Coming soon - 1 & 2 bedroom Shared Ownership apartments and 2 bedroom houses - Register your interest today to be informed of our launch.
Where convenience meets connection. Explore the beating heart of South East London with Excalibur.
Excalibur is transforming this corner of South East London and creating a new community in partnership with Lewisham Council. It sets new standards for housing in the area by creating a great neighbourhood that residents will be proud to call their home.
Set in the flourishing and well-connected location of Catford, Excalibur brings the vibrant city lifestyle right to your door. This charming urban collection of 1 & 2 bedroom apartments and houses is part of a dynamic community buzzing with independent shops, cafés, and nightlife.
Melding comfort with contemporary design, every home features spacious rooms bathed in natural light and a private outside space to relax in. Each apartment is laid out to accommodate a modern lifestyle, and finished to a high specification with fully integrated appliances.
Connecting the thrilling energy of London with all the comforts of home, Excalibur is a place where you can truly live.
What is Shared Ownership?
Shared Ownership allows you to buy a home, in an affordable way, in the area you know and love. It allows you to buy a share of your home - between 25% and 75%, with as little as a 5% deposit. You pay a mortgage on the share you own and rent the remaining share at a subsidised rate. You can increase your share in your home and staircase up to a larger share, and eventually full ownership.
Register your interest today to be informed of our launch.
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified
Map
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 25%, full price £465,000, £11,625 Min Deposit. Calculated using a representative rate of 4.80%
