2 bedroom apartment for sale

Under Offer

Excalibur - Plot 112, SE6 1RN

£106,750 · Shared Ownership New Build

Share percentage 25%, full price £427,000, £10,675 Min Deposit.

Under Offer
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£106,750 Shared Ownership New Build

Share percentage 25%, full price £427,000, £10,675 Min Deposit.

Monthly Cost: £1,551
Rent £734, Service charge £266, Mortgage £551*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

£
Summary

Just launched - Second-floor 2 bedroom Shared Ownership apartment covering 70sqm/753sqft - Book a view today! Reserve this July and receive £1,000 towards buying costs on selected homes*!

Description

Plot 112 - Reserve this July and receive £1,000 towards buying costs on selected homes*!

Second-floor 2 bedroom Shared Ownership apartment covering 70sqm/753sqft with a deposit as low as £10,675 - Register your interest today.

Full Market Value: £427,000

Shared Value (25%): £106,750

Minimum deposit: £10,675

Required income: £51,500

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.

*Offer available on selected homes when reserving between 1 - 31 July 2024. Subject to availability. Incentive terms and conditions apply, for more information visit https://lqhomes.com/excalibur/

Key Features
  • Parking available to selected homes
  • Fully integrated appliances with private outdoor spaces
  • 6mins cycle to nearby Hither Green station
  • Only 11mins cycle to Catford Bridge station, Zone 3
  • London Bridge is only 12mins from Catford Bridge station
  • Enjoy leisurely strolls through close by scenic Mountsfield Park and Ladywell Fields
  • Pet-friendly environment
Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified

Property Downloads
Floor Plan
Virtual Tour
Map
Grove Park (0.92 miles) Bellingham (0.99 miles) Beckenham Hill (1.09 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.

Read More Read Less
  • 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.

£106,750
Shared Ownership New Build
Estimated Monthly Cost:£1,551
Rent £734
Service Charge £266
Mortgage £551

Share percentage 25%, full price £427,000, £10,675 Min Deposit. Calculated using a representative rate of 4.80%


Development banner
Development
Excalibur, Shared Ownership
View development
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.