2 bedroom apartment for sale
195 Long Lane, London, London, SE1 4PD
Share percentage 50%, full price £610,000, £30,500 Min Deposit.
Share percentage 50%, full price £610,000, £30,500 Min Deposit
Monthly Cost: £2,228
Rent £450,
Service charge £265,
Mortgage £1,513*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
Prime location / good tranport linksMake this home your own, enjoy a £500 B&Q Voucher on completion*.
Description
SHARED OWNERSHIP
Full Market Value: £610,000
Share Value (50%): £305,000
Monthly Rent: £449.68
Service Charge: £340.10
Council Tax Band: D
125 year lease commenced September 2007 - 107 years remaining
EWS1 certification available - B1 Rating
Make this home your own, enjoy a £500 B&Q Voucher on completion*
Enter this apartment via a spacious hallway with storage. The dual aspect open plan living and kitchen area opens onto a private balcony. A sleek kitchen includes fully integrated appliances, including a dishwasher, and quartz work surfaces. Two generous double bedrooms and a contemporary bathroom complete the accommodation.
This apartment is Ideally positioned just moments from London Bridge and Borough stations offering access to Northern and Jubilee lines as well as mainline rail services. Borough and Maltby Markets and independent shops, cafes, and restaurants on Bermondsey Street are just a short walk away, Bermondsey street is also home to the White Cube Art Gallery and Zandra Rhodes' Fashion and Textile Museum, with Bermondsey Square's weekly antiques market and Tanner Street Park's green spaces and tennis courts are nearby, as are cultural landmarks like The Shard and Tate Modern.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £86,918. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of August 2025.
*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. 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.
Key Features
- Prime location
- Great transport links
- Recently removated kitchen
- New boiler
- Bike store
- New flooring throughout
Particulars
Tenure: Leasehold
Lease Length: 107 years
Council Tax Band: D
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: No
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 £610,000, £30,500 Min Deposit. Calculated using a representative rate of 4.42%