2 bedroom apartment for sale
Ossory Road, SE1 5XY
Share percentage 25%, full price £500,000, £12,500 Min Deposit.
Share percentage 25%, full price £500,000, £12,500 Min Deposit
Monthly Cost: £1,737
Rent £802,
Service charge £315,
Mortgage £620*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Shared Ownership Scheme
You may be eligible for this property if:
- Your income is £90,000 a year or less.
- You are a first-time buyer, you used to own a home but can't afford to buy one now, or you are an existing owner looking to sell.
- You are able to purchase a minimum share of 25% up to a maximum share of 75% (options to staircase to 100% ownership can be explored one year after completion)
- You do not own any other property within the UK or abroad. (You will need to sell any existing property owned before buying through the shared ownership scheme.)
Summary
Portway House, SE1 – Contemporary Resale Shared Ownership Apartments
Description
Live London your way.
Tucked away in one of London’s most exciting neighbourhoods, these modern apartments at Portway House offer a rare mix of culture, convenience, and character. All within the ever-popular SE1 postcode.
Just a short stroll from Bermondsey Street, you’ll find independent cafés, creative eateries, and artisan shops. Iconic landmarks like The Shard, Tate Modern, and Borough Market are also close by, while peaceful green escapes like Southwark Park and Potters Fields Park offer the perfect weekend retreat.
Well Connected, Always Within Reach
Bermondsey Station (Jubilee Line) – around 10 minutes’ walk, with fast links to Canary Wharf, London Bridge, and the West End
London Bridge Station – nearby for both Underground and National Rail services
Easy access to bus routes and cycle paths to explore the city your way
Costs:
Service charge: £314.35
Rent: £802,39
Incentive:
*The £1,000 Amazon voucher is currently being offered on this apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other resales apartment.
Key Features
- Modern Resale Shared Ownership apartment
- Ready to move in
- Bright open-plan living and private balconies
- Less than 1 mile from South Bermondsey Station
- Walkable to everyday amenities, parks, and culture hotspots
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
Material Information
Total rooms: 2
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: 70 sqm
Communal lift: Yes
Accessible measures: No
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 25%, full price £500,000, £12,500 Min Deposit. Calculated using a representative rate of 4.42%
