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1 bedroom apartment for sale

Available

Davoll Court, Marine Street, SE16 4RJ

£261,000 · Shared Ownership Resale

Share percentage 60%, full price £435,000, £26,100 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£261,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 60%, full price £435,000, £26,100 Min Deposit

Monthly Cost: £1,850
Rent £338, Service charge £217, Mortgage £1,295*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
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.

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

Available for resale, a light and airy, sixth floor, one-bedroom apartment in the vibrant neighbourhood of Bermondsey.

Description
  • Communal entrance with entry system
  • Lift access and wheelchair accessible entry
  • Open plan kitchen and reception
  • Kitchen with integrated appliances
  • Bathroom with shower over bath
  • Large hallway airing cupboard with washing machine
  • Private east facing balcony with an exceptional view of Canary Wharf
  • Communal roof terrace with panoramic views of London
  • On street permit parking

Lease: Commenced 2010 with 125-year term

Council Tax Band: Southwark Council - D

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 a highly sought-after central location, this property offers outstanding connectivity and urban convenience. Just a 5-minute walk to Bermondsey Tube Station and 15 minutes on foot to London Bridge Station, it provides excellent transport links across London. Multiple bus routes stop just a minute from the flat, offering direct access to the City, Waterloo, and Victoria.
  • Everyday essentials are within easy reach, with a Tesco supermarket only a minute away, and a choice of gyms, a leisure centre, and Southwark Park all close by. The area also offers a vibrant social scene—Maltby Street Market is just a 5-minute walk, known for its street food and artisan vendors, while Bermondsey Street, a 10-minute stroll away, boasts a great selection of bars, restaurants, and independent shops. Iconic landmarks such as Tower Bridge and Southwark Park are also within a 10-minute walk.
Particulars

Tenure: Leasehold
Lease Length: 110 years
Council Tax Band: D

Property Downloads
Floor Plan Energy Certificate
Map
Bermondsey (0.24 miles) Wapping (0.76 miles) Rotherhithe (0.78 miles)
Material Information

Total rooms: 1

Furnished: Unfurnished

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes - On Street

Outside Space/Garden: Yes - Private Balcony

Year property was built: Enquire with provider

Unit size: Enquire with provider

Communal lift: Yes

Accessible measures: Yes - Lift access

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

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  • 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.

£261,000
Shared Ownership Resale
Estimated Monthly Cost:£1,850
Rent £338
Service Charge £217
Mortgage £1,295

Share percentage 60%, full price £435,000, £26,100 Min Deposit. Calculated using a representative rate of 4.42%


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.