1 bedroom apartment for sale
1 Varcoe Road, SE16 3FS
Share percentage 100%, full price £300,000, £30,000 Min Deposit.
Share percentage 100%, full price £300,000, £30,000 Min Deposit.
Monthly Cost: £1,384
Service charge £180,
Mortgage £1,204*
Calculated using a representative rate of 2.45%
Calculate estimated monthly costs
· Live and/or Work in the London borough of Southwark
· Household income below £90,000
· Currently do not own any property.
Summary
Spacious second floor flat in South Bermondsey
Description
This spacious second floor flat in South Bermondsey benefits from great transport locations. Only a five minute walk from South Bermondsey station with direct trains to London Bridge, and in just under four minutes from bus routes into central London
The property is just a short walk from a range of parks and green spaces such as Southwark park and Burgess park,
Bermondsey high street is only a ten minute walk away and offers an array of cafes, restaurants, pubs and retail spaces.
The home offers a bright living area, featuring large windows with Juliet balconies.
The kitchen includes an integrated electric hob, oven, and fridge freezer. The current owner has installed a dishwasher.
The home benefits from a spacious walk in shower.
With ample built-in storage space in the entryway, including a utility cupboard which fits a washing machine and tumble dryer.
The home is well insulated and serviced with a gas boiler heating system.
The development benefits from two well maintained roof terraces with views across canary wharf and central London. There is also a co-working space for all residents, a communal lounge area and bike storage.
Key Features
- Spacious Walk-in shower
- Bright living area, featuring large windows with Juliet balconies
- Ample built-in storage space
- The home is well insulated and serviced with a gas boiler heating system
- Two well maintained roof terraces with views across canary wharf and central London
Particulars
Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: C
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 100%, full price £300,000, £30,000 Min Deposit. Calculated using a representative rate of 2.45%
