Share Price £118,750 (from 25% Min. Share)

Full Value £475,000 | £5,938 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Southwark

place Empire Square South, SE1 4NF

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Situated in the desirable Empire Square development, is this modern one bedroom apartment.


Eligibility

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.

 


Description

Situated in the desirable Empire Square development, is this modern one bedroom apartment located on the 3rd floor with a large open plan living space. The flat benefits from an entry phone system to communal hall, reception room/ kitchen, electric heating.


Key Features

  • One bedroom appartment
  • Open plan living
  • Electric heating
  • Double glazing
  • 113 year lease approx

Download Documents

Link to the floor plan Energy Certificate
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Calculate Monthly Cost

Share price
£ 118,750
Min. £118,750
Share percentage
Min. 25%
Your deposit
Min. £5,938
Monthly cost*
£1,546
Cost breakdown
£795
Rent
£178
Service charge
£573
Mortgage*
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.