1 bedroom apartment for sale
Stevenson Crescent, Catlin Street, SE16 3EN
Share percentage 50%, full price £300,000, £15,000 Min Deposit.
Share percentage 50%, full price £300,000, £15,000 Min Deposit
Monthly Cost: £1,135
Rent £215,
Service charge £163,
Mortgage £757*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Prior to viewing: All applicants must be registered and approved by Hyde New Homes and may be required to carry out a shared ownership affordability assessment.
Summary
A bright and spacious, first floor, one-bedroom apartment in Bermondsey.
Description
- Secure communal entrance with entry system
- Large reception with bay window
- Fitted kitchen with room for more appliances
- Allocated parking
- Good energy efficiency with potential of B (electric only)
- Chain free
Lease: Commenced 1992 with 99-year term
Lease extension in progress: 156 years on completion
Council Tax Band: Southwark Council - B
Financial information:
Property Value = £300,000
Percentage Share = 50%
Share Price = £150,000
Monthly Rent = £214.69 from 1st April 2025
Monthly Service Charge = £163.29 from 1st April 2025
Please note the rent and service charge is reviewed annually 01 April. Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen. Please note that the Resales Team have not visited this property.
Key Features
- Situated in the heart of Bermondsey, this property benefits from an unbeatable location with excellent transport links, vibrant local amenities, and a thriving community. Commuters will appreciate the convenience of multiple transport options, with bus stops just moments away providing routes towards Peckham, Surrey Quays, London Bridge, and Westminster. Bermondsey and Canada Water Underground stations (Jubilee Line) are both within a 10-minute walk, while Surrey Quays Overground station (Windrush Line) and Bermondsey Train Station are also close by, ensuring easy access across London.
- The area offers a fantastic mix of shopping, dining, and leisure options. Old Kent Road, just a short distance away, hosts a variety of supermarkets and retail outlets, while Bermondsey Blue Market—only five minutes from the property—is home to independent shops, salons, bars, cafés, and a traditional marketplace.
- With its outstanding connectivity, excellent amenities, and lively community atmosphere, Bermondsey is a fantastic place to call home for professionals.
Particulars
Tenure: Leasehold
Lease Length: 156 years
Council Tax Band: B
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 50%, full price £300,000, £15,000 Min Deposit. Calculated using a representative rate of 4.59%
