Share Price £675,000 (from 0% Min. Share)

Full Value £675,000 | £6,000 Min. Deposit

Scheme: Shared Ownership

Under offer

L&Q at Elephant Park - 2 bed apartment in Southwark

place Elephant Park, SE17 1FJ

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All apartments at L&Q at Elephant Park are now 100% under offer


Eligibility

You will need to register with L&Q and meet the Shared Ownership requirements in order to purchase a home with us


Description

All apartments at L&Q at Elephant Park are now 100% under offer, please register your interest in our next phase of homes which will include a selection of 1 & 2 bedroom apartments launching in Autumn 2019.

Elephant Park is a new residential development designed around a leafy landscape that boasts central London's largest new park in 70 years. Over the next ten years, working with Southwark Council, the Elephant will become London's most exciting new neighbourhood in a £1.5bn transformation, and by 2025, the area will welcome 3,000 new homes. The 9.7-hectare development will allow residents the convenience of a Zone 1 location, while bringing them closer to nature in a vibrant city neighbourhood.

The Zone 1 location makes it one of the best-connected places in the capital. In addition to two tube lines (Bakerloo and Northern) via the nearby Elephant & Castle Station, it also benefits from proximity to a mainline train station and 28 bus routes. It is a six minute tube journey to the City and 11 minutes to the West End*.

*Times taken from TFL www.tfl.gov.uk


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Calculate Monthly Cost

Share price
£ 675,000
Min. £675,000
Share percentage
Min. 0%
Your deposit
Min. £6,000
Monthly cost*
£3,381
Cost breakdown
£0
Rent
£0
Service charge
£3,381
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.